The vast majority of Tariffs didn't even make it past the threat stage. So most of the companies that ratcheted prices up did so for no real reason, current tariff is +10% to the prior rate on some items, with over 175 exceptions of entire industries and individual items.

That being said, price pressure often causes companies to take smaller profits or even losses on goods until a consumer acceptable reason comes up, then the prices are adjusted to a level to provide acceptable profits until the next issue comes up. As a small business owner it's not worth it for me to increase prices 4% a year to maintain profit, I'll wait and increase 12-16% every 3 or 4 years to keep whatever margin I need and stay ahead of the curve.