U.S. retail sales growth slowed as the impact of pre-tariff vehicle purchases waned. Economic uncertainty, driven by President Trump's tariffs, affected consumer spending and corporate financial guidance.

Check out CNET's tariff impact tracker is keeping tabs on price moves for several popular products as Walmart becomes one of the biggest retailers to warn of price hikes.

HVAC contractors are warning of shortages with temperatures already breaking records and summer utility bills on track to hit 12-year highs.

Walmart has issued a stark warning about the impact of President Donald Trump’s tariffs, cautioning that their “magnitude” will directly lead to higher prices for consumers. The nation’s largest retailer made clear it will have no choice but to pass on the increased costs.

If car parts are more expensive or take longer to import, cars will cost more money and take more time to repair.

The reaction highlights the impact of Trump's tariffs on the flow of consumer products around the globe, shaking up long-established patterns.

Federal Reserve Governor Adriana Kugler said the Trump administration’s tariff policies are likely to boost inflation and weigh on economic growth, even with the recently announced reduction in levies on China.