Trump's tariffs on Canada, Mexico and China are in effect. Here's what could get pricer — and when.

American consumers could soon face higher costs for a range of consumer products after President Trump's tariffs on Canada, Mexico and China went into effect on Tuesday.

The 25% tax on imports from Canada and Mexico, plus an additional 10% tax on imports from China, will drive up the costs of an array of consumer goods, from groceries to automobiles, and could cause more financial strain for inflation-weary consumers, experts say. 

Because importers pay the tariffs — such as Walmart, which imports goods from China and other nations — U.S. businesses will shoulder the added costs. While some companies may opt to swallow all or part of the expense, some of the costs are likely to be passed along to consumers in the form of higher prices, economists say.