Quoted from Blitzburgh99:

1st world problems
Here’s my guess...all companies will raise their prices and blame it on tariffs. In a year or two, tariffs will be cut or eliminated again. But prices will stay high, with companies enjoying the new margins of profit. It’s the same thing the airlines and delivery companies do when gas prices go up....raise prices to “cover increased fuel costs” but never lowering them when gas goes back down.
Here’s something else to consider: items like lobster and coal that are highly exported to countries like China may see a drop in demand, resulting in lower prices for Americans. Remember, there are two side to every coin....