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Shoppers walk along 5th Avenue on Black Friday in New York City on November 25, 2022. Credit: Jeenah Moon/Bloomberg. If President Donald Trump’s tariffs jack up U.S. consumer prices—as pretty much everyone thinks they will, at least for a while—then that’s already bad news for inflation fighters at the Federal Reserve. It could also open the door to something even worse.

Credit: Andreas Prott/Adobe Stock Yesterday, President Trump announced tariffs of 10 percent to 49 percent on nearly every import to the United States. Last month, Gartner, Inc. asked finance executives how tariffs like these would impact their pricing, and the news for U.S. consumers is not good. The firm polled 192 CFOs and finance leaders from companies with global operations across a range of industries.

Credit: Harsha/Adobe Stock The role of the CFO is currently undergoing a significant transformation, driven by organizations’ need to adapt to technological advancements, increased competition, and changing market dynamics. According to a recent Gartner survey, CFOs are increasingly reaching beyond their traditional roles and handling key enterprise priorities that were previously outside the scope of the finance function.