New tariffs are set to make many everyday products more expensive, and shoppers are being urged to act fast. Financial experts suggest purchasing key imported goods before prices surge.
The policy changes include a 10% baseline tariff on a wide range of imports, with some countries facing rates as high as 46%. Since taking effect on April 5, these tariffs are expected to push up prices on many household staples.
The market reaction was immediate, with stocks falling and the U.S. dollar weakening. Analysts say these tariffs could significantly alter trade flows, making imported goods costlier in the months ahead.
To avoid higher prices, consider buying bananas (mostly from Central and South America), avocados (largely imported from Mexico), coffee (from Brazil, Colombia, and Ethiopia), and tea (primarily from Asia and Africa). Other items likely to see price increases include foreign cars, furniture from Asia or Europe, washers, dryers, clothing, and toys—many of which are produced overseas.
While some believe the tariffs will help U.S. businesses, others worry about the strain on consumers. For now, buying strategically could help households save before costs go up.