Trump tariffs take effect: As the United States prepares to introduce new tariffs announced by President Donald Trump, people across the country are rushing to buy essential goods before prices go up. These tariffs will apply to many products imported from other countries, leading to an increase in prices on items people use every day.
The new policy is part of a wider trade conflict, which is already causing uncertainty in global markets. American consumers are worried that the cost of living will rise, so they are trying to prepare in advance.
Because prices are expected to rise soon, many shoppers are visiting supermarkets, electronics stores, and clothing shops to buy things early. Fresh fruits, vegetables and dairy items are some of the first to be affected. Since these products need regular restocking, stores may increase prices quickly.
However, other items are also in demand. People are buying smartphones, laptops, clothes, shoes, medicines, and car parts. Even construction companies are buying building materials in bulk. Experts say that the cost of building a new house could increase by over $9,000 because of the new tariffs.
John Breyault, a policy expert from the National Consumers League, said that families with lower incomes will be hit the hardest. Starting from April 2, the new tariffs may cause yearly expenses to rise by about $980 for many low-income households. This puts extra stress on people who are already struggling to manage their finances.
Some of the most purchased goods include:
– Fresh fruits and vegetables
– Packaged groceries and dairy
– Mobile phones and electronic gadgets
– Clothes and shoes from international brands
– Car parts and repair tools
– Materials for home building
The Trump administration has announced a 10% tariff on all imports, which will start this Saturday. A higher tariff rate is expected to follow on April 9. That’s why many consumers are shopping early to avoid the higher costs.
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