The White House press secretary said Trump decided to pause the 25% tariffs on auto imports after talking to officials with Ford, GM and Stellantis.

If we are talking about cars, insiders expect a new car’s price to jump anywhere from $3,500 to $12,200. Electronics from China will also increase, which means the price of everything from televisions to cameras could jump. At your local grocery store, we can expect a 10-20% increase in produce, vegetables, and alcohol.