Article 6TG6B Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’

Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’

by
Lauren Aratani in New York and Guardian community
from US news | The Guardian on (#6TG6B)

As inauguration day approaches, consumers scooping up iPads, building supplies, shelf-stable foods and electric cars

Tablets and appliances made in China, hybrid cars built in Canada, European wine. As Donald Trump's second inauguration as president quickly approaches, Americans are stocking up on goods in anticipation of tariffs Trump plans to place on imports, according to a Guardian reader poll.

Since the election, Trump has promised to immediately impose a 25% tariff on Mexican and Canadian imports, along with increasing existing tariffs on Chinese imports by 10%. On the campaign trail, Trump said he would put tariffs of 10% to 20% on all imports.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title US news | The Guardian
Feed Link https://www.theguardian.com/us-news
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments