So What Does This All Mean For You?
Now that we’ve listed the biggest changes that will come with Trump’s new tariffs, you might be wondering how these will affect you. Here is the reality: If you buy something, chances are that you are going to feel the pinch somewhere. Whether it’s in your grocery cart, your Amazon orders, or even your Friday night pizza routine, prices could creep up slowly or hit you all at once.
Your New Kitchen Remodel? That Just Got Pricier
Thinking of redoing the kitchen or adding that home office you’ve always dreamed of? Well, if you’re using steel, aluminum, lumber, and copper, your contractor’s quote might go up, and not because they are trying to rip you off. The materials are simply more expensive now.
Buying a Car? Better Start Saving Now
If you are wanting to buy that new SUV or hybrid crossover, be prepared for a shock. Many of the parts, or even the whole vehicle, might be made or assembled outside the U.S. That 25% tariff adds up fast, and guess who will get the bill at the end. Even used cars will go up in price because more people will try to avoid the new cost of going brand-new.
Your Favorite Fancy Dinner MIght Cost More
That Chilean sea bass or Vietnamese shrimp dish you love? With seafood imports facing these tariffs, restaurant prices will definitely rise. So your date night or family outing might have a slightly bigger bill.
Fancy Wine Just Got Fancier
Wine imports from France and Italy are also on the tariff hit list. If you’re into Bordeaux, Chianti, or Pinot Grigio, you could start seeing prices go up at your local wine store. Domestic wine could see a boost as people will pivot away from imports.
