According to Golden Finance, Richmond Fed Chairman Barkin said Trump's tariffs may push up inflation and unemployment rates, posing a huge challenge to the Federal Reserve. The price shock from tariffs can trigger a "cage showdown" between frustrated consumers and goods and service providers who "really think" must pass on costs. Obviously, part of the impact of tariffs will be transmitted to prices, causing inflation. Barkin also warned that the job market will also feel partial impact. Rising prices may reduce demand and reduce sales. If the company does not raise prices, profit margins will drop; if the company wants to start improving operational efficiency, this means increasing staff.