Donald Trump’s new tariffs take effect August 1, and they’re expected to raise prices on everyday goods. If you’ve been planning major purchases, now is the time.
Tech & Electronics
From iPhones to TVs and laptops, tech items may soon get pricier. Forbes warns that while the exact impact is uncertain, it’s safer to buy now than risk paying more later.
Furniture & Appliances
About 75% of U.S. furniture is imported, meaning sofas, desks, and dining tables will likely cost more. Home appliances like washing machines and fridges—already hit by steel tariffs—could see another price hike.
Clothing & Textiles
Shoes, towels, men’s shorts, and bags are all on the list. Most are made overseas, making them vulnerable to upcoming tariffs. “You may want to grab extras before the hikes hit,” advises Forbes.
Food Imports
The U.S. relies heavily on Mexico for fresh produce—two-thirds of its vegetables and nearly half its fruits. New tariffs could drive grocery costs up significantly.
Act now—before prices jump on August 1.