What’s Cheaper & What’s Expensive After Trump’s New Tariffs?
Trump’s new tariffs have shaken up prices in the U.S. Some goods will cost more, while others may become cheaper. Here’s a breakdown
Rising Prices for Construction MaterialsLumber, drywall, steel, and aluminum prices are increasing due to higher import costs, affecting the construction industry
Furniture & Appliances Get CostlierFurniture and home appliances, including refrigerators, are becoming more expensive as tariffs drive up import costs
Imported Cars Become More ExpensiveCars from Japan, Germany, and South Korea will face higher prices due to increased tariffs
Batteries, microchips, and other essential components for American-made cars will become more costly
Smartphones, laptops, and TVs, mainly assembled in China, are becoming more expensive due to tariffs, impacting popular brands like Apple and Dell
Toys and home electronics are also facing price increases as tariffs on imported goods drive up costs
Groceries Get More ExpensiveFruits like avocados, bananas, and berries will see price increases, affecting consumers’ grocery bills
U.S.-Made CarsDomestic vehicles may become more affordable as foreign imports get costlier
Agricultural ProductsU.S. farmers may need to sell soybeans, corn, pork & poultry locally, reducing prices
Steel & Aluminum ProductionU.S.-made steel & aluminum may see price reductions due to increased domestic demand
American Textile & Clothingclothing brands may see price drops as imported textiles face higher tariffs
U.S.-caught seafood could become more affordable as imports get expensive