President Trump just signed executive orders slapping big tariffs on goods from Canada, Mexico, and China. These new trade barriers are set to kick in this week, and they could mean trouble for your wallet.

More than a third of the stuff imported to the U.S. comes from these three countries. That includes everything from cars to groceries. Experts warn that these tariffs might push prices up for businesses and households, with everyday items likely to cost more.

What’s Changing?

Starting Tuesday, almost all goods from Canada and Mexico will face a 25% tariff. Energy products from Canada get a slightly lower hit at 10%, while Chinese goods will also see a 10% tariff. Industries like auto manufacturing, farming, and metal production are expected to feel the pinch the most.

How Will This Affect You?

When prices go up for businesses, they often pass those costs on to consumers. Think higher prices at the grocery store, car dealerships, and even gas stations. While some companies might try to absorb the costs or negotiate better deals with suppliers, history suggests that most of the burden will land on shoppers. During Trump’s first term, tariffs on China led to noticeable price hikes for American consumers—and it looks like we might be headed for a rerun.

So, as these tariffs take effect, keep an eye on your favorite products. You might start seeing some sticker shock sooner than you’d like.