Tariffs drive up the cost of importing goods, and that cost always trickles down to the consumer. If trade wars escalate, food shortages and price hikes will become the norm, making it even harder for families to afford the basics.

Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans.

US consumer inflation inched lower in February according to government data Wednesday, in the first full month of Donald Trump's White House return -- but concerns remain over stubborn price