Tariff-driven price increases may take time to reach shelves

Canada’s counter-tariffs on U.S. goods have prompted fresh retaliatory measures, but retail experts say shoppers may not immediately see higher prices in stores.

Matt Poirier of the Retail Council of Canada said retailers need time to sell existing inventory before stocking goods newly subject to tariffs. Shorter-shelf-life and fast-selling items will likely rise first, followed by slower-turning durable goods such as ovens and washing machines.

Canada imposed retaliatory duties of 15 to 50 per cent on nearly $28 billion in U.S. products, including clothing, carpets and electronics. U.S. President Donald Trump said Tuesday that imports of certain Canadian goods will be banned starting Sept. 29.

Trade experts say consumers may be temporarily buffered while tariff costs are negotiated through supply chains and businesses absorb part of them through lower margins. They expect fewer promotions and less product choice to be the first visible effects as retailers replace American products with Canadian or overseas alternatives.