While some people make penny, others are in a hurry to cash the last fixtures as smartphones
As President Donald Trump pours bigger tariffs on Chinese and US allies, growing prices return to consumerso Choose between survival mode or luxury items, Fortune Reports:
Although some are a penny pin, others are in a hurry to cash the latest technological devices like smartphones. Because Trump is a 90-day “pause” tariffs, some buyers are more careful. Due to the recent events, one woman who retired said she cut off as a warning.
“I live in an apartment. You can’t store, “said an anonymous woman. “Everything will continue to climb, and we need money to buy more food next week.”
Foods for others are not priority, but more catches the last fixtures and styles before the price goes up. Trump’s new tariffs will affect electronics made in ChinaAnd with a 104% tax, and Vietnam’s clothing prices will also see prices due to 46% tariff. Charles from Virginia has stated that “tariffs are bad,” but in case of prices prices, it plans to take a new Apple iPhone.
The 62-year-old Coote Taylor, who recently took a new iPhone, will be the last purchase. “It will be the last thing I go until all this is solved,” he said.
Households have already been compressed with high post-war inflation, except for tariff increase. Two mother of New York, Anastasia Nev, said it was “in survival.” Nevi added: “I have two children, so I’m just trying to get. It’s tough. “
Instead of Painting, he answers that he wants the main consumer financial analyst Matt Schultz, he advises consumers. remains their financial planA number
“Regardless of the tariffs are carried out, your goals are still your goals,” he said. Sacramento BeeA number “You still have to invest in your retirement. You may still need to save money to buy home, pay for your child’s college education or pay for a wedding. ”
Despite the Secretary of the US Minister of Agriculture, who say it says. “There will be a short time of uncertainty,” Clement Bohr, Ucla Anderson economist, then those tariffs feel It should not be taken lightlyA number
“It could be devastating to the economy,” Bohre said.
At these times of uncertainty, Schultz plans to plan in a large panic.
“Panic leads to a bad choice of all aspects of life, and money is definitely no exception,” he said. He advised consumers to avoid the help of the establishment of an emergency fund. If you need to make a large amount of money like a car, he feels to be done later than later.
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