Buy These 6 Things Now, Before Trump’s Tariffs Kick In Tomorrow
With the new tariffs in place, cars assembled in these countries—and even individual auto parts—could see their prices go up substantially. For those planning on buying a new vehicle or needing repairs on an older model, this could mean that what used to be an affordable option may soon require a larger outlay of cash.
Toy Trucks: A Pricey Surprise for the Young at Heart
Remember those classic toy trucks you cherished as a child, or perhaps even passed down to your own kids? If so, you might be in for an unexpected treat—at least in terms of cost. Many popular toy trucks, including well-known brands like Tonka, are manufactured in China. With the new tariffs affecting Chinese imports, these beloved toys are likely to become more expensive.
For parents and collectors alike, this could be a significant disappointment. Whether you’re buying a gift for a birthday or adding to a cherished collection, the increased cost may force many to rethink their purchasing decisions or postpone their plans altogether.
Gasoline and Crude Oil: The Price of Powering Up
Perhaps the most noticeable impact for many Americans will be seen at the gas pump. The new tariffs are set to affect crude oil imports from Canada, which, although coming in at a lower rate of 10 percent compared to other products, could still have a significant ripple effect on gasoline prices. In the past year, the United States imported vast amounts of oil from its northern neighbor, and even a modest tariff increase is expected to push up the cost of fuel.