US EditionTariff talk has shoppers stockpiling | Here’s what’s going on
- The U.S. Administration under President Donald Trump ended the tax exemption on shipments from China valued under $800 and introduced tariffs reaching up to 145%.
- This change followed rapid growth in such shipments, which accounted for over 7% of consumer imports by 2023 after being negligible a decade earlier.
- Retailers and sellers face challenges including price increases, tariff avoidance attempts, and consumer stockpiling amid reports of stable prices on major e-commerce platforms.
- Analysts estimate tariffs could raise average household costs by about $5,000 annually, with consumer prices rising around 3% and appliances possibly increasing 30% to 40% within nine months.
- The tariffs have lowered consumer confidence but increased spending, suggesting buyers accelerate purchases despite anxiety, while many smaller businesses face viability threats without policy changes.
16 Articles
16 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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- 50% of the sources lean Left
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