Consumers are already tired of inflation. Tariffs are sending prices higher.

Americans are facing renewed inflationary pressures as the Trump administration imposes sweeping tariffs on goods from Canada, Mexico, and China. Economists predict immediate price hikes, including an extra 20 cents per gallon of gas, 50 cents more for each avocado, and thousands more on vehicles. Consumer sentiment is worsening amid rising costs for essentials like food and gas, compounded by slowing hiring and manufacturing orders. While Commerce Secretary Howard Lutnick hinted at potential tariff rollbacks, uncertainty persists. Retailers like Target warn of higher produce prices within days, and companies such as Steve Madden and Best Buy anticipate passing tariff-related costs to consumers. Estimates suggest tariffs could cost households over $1,200 annually, with gas prices in New England set to rise 20-40 cents per gallon. Consumers are adapting by shifting to private-label brands and stocking up on non-perishables. — news from The Washington Post

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