Subject: Brace for Impact...
Everything will be more expensive. One bright spot is your used car should be worth more. Become familiar with buying on Marketplace on FB. Since the plan is to lower the value of the dollar, book all those overseas vacations now. The TRepublican boondoggle is on its way!
SNIP With the tariffs fully in effect, Americans can expect to pay more for groceries, shoes and clothing, household necessities, auto parts, and recreational items. Figure 1 provides illustrative examples of price hikes that Americans could see if Trump’s country-specific tariffs are fully passed through to consumers. For example:
~A toddler clothing set made in Cambodia (49 percent tariff) priced at $24 now could cost $35.76.
~Jeans made in Egypt (10 percent tariff) priced at $39.98 now could cost $43.98.
~A soccer ball made in Pakistan (29 percent tariff) priced at $17.99 now could cost $23.21. About 70 percent of the world’s soccer balls
are made in northeast Pakistan.
~Coffee from Brazil (10 percent tariff), the largest source of coffee consumed in the United States, priced at $8.30 now could cost $9.13.
~A 2025 SUV made in Mexico priced at $31,395 would be subject to the Trump administration’s 25 percent auto tariffs—and could cost $39,244.
Previous modeling by the Budget Lab projected that, as a result of the 25 percent auto tariffs alone, “Motor vehicle prices rise by 13.5% on average, the equivalent of an additional $6,400 to the price of an average new 2024 car.”
https://www.americanprogress.o...
Having kids will become too expensive.