Buy These 6 Things Now, Before Trump’s Tariffs Kick In Tomorrow

Price Shock Ahead: How New Tariffs Could Hit Your Everyday Expenses

If you’ve been eyeing that new smartphone or planning to upgrade your ride, you might want to act fast. Recent policy changes mean that many everyday items—from the food on your plate to the car you drive—could cost significantly more in the near future. Let’s take a closer look at how the latest tariffs are set to impact your wallet and what you can do to get ahead of the price hikes.

A New Wave of Tariffs and What They Mean

Late last week, President Donald Trump signed off on an executive order that is set to impose sweeping tariffs on a range of imported goods. The move is part of a broader effort to hold trade partners like China, Mexico, and Canada accountable for what officials say are unfair trade practices. Under the new order, many items that Americans take for granted will soon see a notable price increase. Whether you’re shopping for tech gadgets, liquor, automobiles, or even fresh produce, these changes could hit your expenses hard.

At its core, the order raises import duties on a variety of products—often referred to as “catastrophic tariffs” by some critics—with the intention of shifting the balance of trade in favor of American producers. However, the reality for most consumers is that the extra cost is likely to be passed on at the checkout counter.

Smartphones: Don’t Wait to Upgrade

For anyone in the market for a new cell phone, now might be the best time to buy. According to recent reports, smartphones manufactured in China are set to carry an additional 10 percent tariff. China has long been the world’s smartphone factory, with major companies like Apple relying heavily on Chinese production. This means that if you’re planning to upgrade your phone, doing so before the tariff goes into effect could save you a noticeable amount of money.