According to reports from Jin10 Data, the Royal Bank of Canada stated that the increased costs resulting from US tariffs will ultimately be borne by American consumers. However, this part of the cost may be distributed among various supply chain segments, including transportation companies, wholesalers, manufacturers, and retailers.
It is expected that the overall CPI year-on-year in the US will rise from 2.4% in May to 2.6% in June, with a month-on-month increase of 0.3%; the core month-on-month rate is expected to rise by 0.2%, and the year-on-year rate is expected to rise to 2.9%.