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News in English (USA) / 05.04.2025 / 01:00

Rising Prices Loom as Trump Tariffs Potentially Impact Everyday Goods

Shopkeepers and consumers across the United States brace for significant price hikes as new tariffs introduced by President Trump are expected to affect a wide range of products. From groceries to electronic goods, the impact on everyday prices is anticipated to be felt first in the food sector, with analysts warning that costs will inevitably be passed along to consumers. Economists predict that staple items and popular brands could see the largest price increases, leading to concerns among small businesses and restaurants. While some Americans rush to stock up on essentials before tariffs take full effect, there is growing anxiety regarding the long-term implications for financial planning and spending behaviors as the new tariff structure begins to unfold.
The Guardian, The New York Times, WPLG Local 10, NPR, KCRA, BBC, WSJ, CNBC, Politico, New York Magazine