goods

But much depends on how much profit margin they have, especially if high tariffs are implemented on all imported goods, not just ones from China.

If he goes ahead and introduces tariffs - a tax imposed by one country on the goods and services imported from another - it could lead to a rise in prices, including in the UK, economists say.

The prospect of paying more for consumer goods was especially unappealing after years of high inflation, which has led to a persistent feeling among many people that they’re on shaky financial footing.

Eric Trump also suggested Swinney's original remarks could affect Scotland's ability to negotiate on tariffs - Donald Trump has vowed to tax all goods imported into the US if he returned to the White House.

The NRF released a study that said the cost of furniture, household appliances, footwear and travel goods would also increase.