Tariffs are currently going to raise prices; however, both a district court, and now a Federal Appellet court have ruled that most (including the chip tariffs) tariffs imposed as "recipricol" are not constitutional. It is likely this will be addressed by the Supreme court by June 2026.
I think it likely the Supreme court will uphold the prior 2 rulings. The BEST case would be for SCOTUS to rule that "Tariffs" are "Taxes" and require the US Congress to pass laws to change them.
Of course, pricing has a nasty way of going up IMMEDIATELY and taking quite some time to go back down 😉.