Amazon walks back drastic decision on tariff prices

As President Donald Trump’s trade war with China continues to cast strong uncertainty over the U.S. economy, many people are asking one question: How will this affect me?

For just about everyone, the answer can be boiled down to two words: higher prices. With the U.S. and China locked in a vicious tit-for-tat cycle of reciprocal tariffs, the cost of many products is expected to rise, from groceries to consumer electronics.