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US consumers face sharp price increases from Donald Trump’s tariffs, say analysts

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It is expected that the prices of leather goods, clothes, furniture and consumer electronics will increase sharply for American families in the coming months because the country relies heavily on imports from countries targeted by Donald Trump’s tariff, according to analysts.

Economists expect the Federal Richmond reserves the so -called US President DefinitionsAnd that is scheduled to enter into force on Wednesday, will have a “non -proportional effect” on the various industries that import Carcles manufactured from AsiaIncluding leather and clothes.

The imported goods to the United States from China face more tariffs than 104 percent After the White House said on Tuesday that Trump was pushing forward with an additional escalation of his business with Beijing.

Trump struck Vietnam, the second largest clothing exporter for the United States after China and the main supplier of leather commodities such as handbags, with a tariff 46 percent last week-one of the highest fees announced on the “Tahrir Day” that was classified by itself.

Cambodia, which provides brands for clothes including LululeMon and Hugo Boss, has been assigned a tariff of 49 percent.

A strip chart of the average effective tariff rate by industry, 15 most affected ( %). Skin goods and clothes can be more difficult through the Trump tariff

Smartphones, laptops and video game devices are likely to become more expensive for consumers, especially since many customs tariffs in Trump focus on countries like countries such as countries Vietnam and TaiwanEd Brezito, Vice President of the Consumer Technology Association, said.

He added that companies have turned production into these countries amid increasing trade tensions between the United States and China during the first period of Trump as president.

Economists expect the definitions a sharp impact on consumer prices, although some companies may seek long -term to dig the financial impact by developing new supply chains.

The Yale Budget laboratory, which is suffocating politics, estimates that US families spend an additional $ 3800 every year in 2026 as a result of inflation caused by customs tariffs, assuming that there is no action from the FBI.

Trump’s tariff has left the torn American central bank between whether interest rates will be reduced to prevent or keep the sharp economic slowdown or keep it high to keep a new explosion of inflation.

In an interview with Illinois Public Radio on Tuesday, Austan Golsby, Chairman of the Federal Reserve in Chicago, said that the fees announced last week were “much larger” than what politics expected.

The definitions of liquidation to consumer prices in the United States may make an unequal pace. BRZYTWA said that retailers and electronic manufacturers have stored three to four months of equipment in the United States, which could reduce price pressures before they need to start importing again.

But other industries, especially those that depend on the damageable goods, may have a smaller window for work.

It is possible that imported foodstuffs, in particular, are among the first to be affected, in part that fresh products do not last long and difficult to store.

The definitions announced this year of manufactured rice prices are expected to increase by 10.3 percent in the coming months, according to Yale’s budget laboratory.

The intellectual stifling also expected 4 percent an increase in the price of vegetables, fruits and nuts, many of which are imported from Mexico and Canada.

Paul Donovan, UBS chief economist, said he expected the effect of the latest fees to consumers to be transferred faster than it was during the previous Trump spray in 2018 – when it took several months – because most of the US retailers in the United States are currently less than the stock.

He added that the belief that consumers are now “more acceptable” for inflation after the recent shocks and the extensive criticism of the Trump administration’s commercial policy can accelerate a price -led price increase by retailers.

“As awareness of definitions increased, American consumers may blame any price increase, whatever the reason, on Trump’s commercial taxes,” Dunovan said.

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2025-04-09 04:00:00

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