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When will the impact of tariffs be felt? Here's an economist's timeline

  • President Trump announced new tariffs earlier this week, on April 4, 2025, at 6:14 PM EDT.
  • These tariffs on imported goods are expected to raise costs for U.S. Producers.
  • Consumers will see rising costs, especially for perishables and processed foods, like beef jerky.
  • Smith stated costs might increase for beef jerky, requiring processing and distribution, but this will take time.
  • The effects of the tariffs will take weeks or months, potentially impacting housing and electronics.
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When will the impact of tariffs be felt? Here's an economist's timeline

President Trump announced sweeping tariffs earlier this week, and some are set to take effect just after midnight on April 5, but that doesn’t mean U.S. consumers will feel the impact right away.

·Louisville, United States
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OneDigital broke the news in on Friday, April 4, 2025.
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