Businesses, customers prepare as tariffs could increase prices NBC4 Washington [Video]

Prices at stores, restaurants and gas stations could go up because of President Donald Trump’s tariffs, economists say, and small businesses and customers say they have already started to experience its impact.

At Audrey’s Fish & Chips in Manassas, Virginia, owner Kat Phisootchukkrawan said she’s feeling the pinch from rising prices for both ingredients and supplies. Phisootchukkrawan said she hopes to avoid raising her menu prices and is shopping around for cheaper suppliers while also raising three kids.

“Everything on me and I have not much time to shop around, but I have to because I have to minimize the food costs,” Phisootchukkrawan said.

The U.S. started collecting a 25% tariff on nearly all goods from Mexico and Canada to align with one of Trump’s executive orders.

Canadian energy products are levied at a lower rate of 10%. Both countries announced retaliatory tariffs.

The trade tensions between the countries likely means families across the country will feel …