2025 - Impact of Trump's Tariffs on American Consumers: Espresso, iPhones, and Sneakers at Stake - April 4, 2025

2025 - Impact of Trump's Tariffs on American Consumers: Espresso, iPhones, and Sneakers at Stake - April 4, 2025

Financial markets are facing a downturn, with President Trump’s tariffs expected to directly affect American families. While Trump claims these measures will boost U.S. wealth, they will lead to higher prices for everyday goods, including coffee and electronics. Key imports like bananas and rice will incur significant tariffs, while tech and automotive sectors brace for price increases. Clothing companies are already experiencing stock declines,…

Tens of percent price spikes on goods from the latest iPhones to chocolate to clothing will hit Americans' well-being if Donald Trump does not agree to lower the tariffs he has imposed on almost every country. And for Russian consumers, the main threat lies not so much in the tariffs themselves as in the fact that cheaper oil will bring down the ruble and make imported goods more expensive. Apple logo at a brand store in New York, USA, March 4, …