There's been a 'cost of living crisis' discussed in many countries --not just the US-- since roughly the end of the pandemic. For obvious reasons, there are other factors responsible for this - not just Trump.

Trump's recent foray into Iran has indeed hit fuel/gas prices, the supply chain of some regional goods, and will have a knock-on impact on other goods subsequently due to rising fuel costs. The impact of tariffs on consumers is largely confined to the US.