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US consumers rush to buy big-ticket items before Trump's tariffs kick in

  • US consumers rushed to buy big-ticket items like laptops and cars before President Trump's expansive new import tariffs, including a 32% tax on imports from Taiwan, took effect.
  • Economists warned that the tariffs are expected to increase prices for everyday items and potentially weaken US economic growth.
  • The White House hopes the tariffs will prompt countries to open their economies to more American exports and lead to negotiations to reduce tariffs or encourage companies to increase US production to avoid higher import taxes.
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Why you shouldn't 'go into debt' to beat the tariffs, experts say

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L'Opinion broke the news in on Friday, April 4, 2025.
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