"the cost to consumers from Trump’s proposed tariffs could reach as much as $1,200 in lost purchasing power on average based on 2023"

Per https://www.google.com/amp/s/www.nbcnews.com/news/amp/rcna18...

So, yes is the answer.

will raise prices by 30-40% - will blame tarrifs just like we’ve been blaming “inflation” last 18-ish months :)