Summary
As Donald Trump’s second inauguration nears, Americans are rushing to buy goods like electronics, appliances, construction materials, and shelf-stable foods ahead of his proposed tariffs on imports.
The tariffs, including a 25% increase on Mexican and Canadian imports and 10% on Chinese goods, are expected to raise prices significantly.
Nearly half of Americans surveyed have altered purchasing plans to avoid higher costs.
Economists warn the tariffs could raise household expenses by $1,900 to $7,600 annually. Despite inflation concerns, Trump maintains tariffs “cost Americans nothing.”
You must log in or register to comment.
I bought a new stove.