US EditionTariff talk has shoppers stockpiling | Here’s what’s going on
- US President Donald Trump signed orders ending tax-free import on packages under $800 and imposed tariffs as high as 145% on Chinese goods starting recently.
- These moves aim to increase government tariff revenue amid ongoing trade negotiations, but they also disrupt longstanding low-cost import practices and provoke mixed business reactions.
- Consumers and businesses face rising prices on various products, leading some shoppers to stockpile while others delay purchases, as platforms like Amazon report only modest price increases so far.
- The Budget Lab at Yale estimates tariff-driven consumer price increases near 3%, with appliances possibly rising 30% to 40%, translating to average household costs around $5,000 annually.
- These tariff policies may weaken small businesses, favor large retailers, and sustain consumer uncertainty unless trade negotiations ease tensions and alter tariff impacts soon.
17 Articles
17 Articles
A business owner tested if customers would pay more for American-made. The results were 'sobering.'
"I'm big on just testing it out with real data and real purchases," Afina founder Ramon van Meer said. "Not asking customers, not a survey, not even add-to-carts."Ramon van MeerAfina founder Ramon van Meer wanted to see if people would buy a Made-in-USA version of his specialty shower head.He found it would cost three times as much to produce — and raised the sale price by 85%.After several days of testing, a total of zero customers bought the U…
Here we go again: Left-wing outlets fear toilet paper shortage due to Trump tariffs · American Wire News
The media is dialing up the doomsaying over the impact of President Donald J. Trump’s foreign tariffs and is going back to the well of perhaps the most successful fearmongering campaign of all time. According to one left-leaning mainstream outlet, the tariffs could lead to a repeat of the great national toilet paper shortage of 2020, when mass hysteria stoked by the media sparked a panic that drove Americans to hoard bathroom tissue, leaving sto…
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- 56% of the sources lean Left
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