The largest potential impacts will likely be in the agriculture, automotive and energy sectors. The auto industry, with supply chains stretching across all three countries (China, Mexico, Canada) is particularly impacted. Retailers such as Target and Walmart have warned that they will not be able to absorb the entirety of the tariff impact and so will most likely need to pass along at least some portion of tariff costs to consumers. Reliable estimates indicate the U.S. consumer price level may rise by around 2 percent this year, the equivalent of $3,000 per average U.S. household.