Politics and Government Politics and Government
Tue, December 10, 2024
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Fear of Trump tariffs is causing Americans to sto .. ilet paper, medicine, and food before prices rise

Fear of Trump tariffs is causing Americans to stockpile toilet paper, medicine, and food before prices rise


Published on 2024-12-10 13:01:15 - MSN
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  • Toilet paper is at the top of the shopping list with 77% saying they are stocking up on it, according to a recent survey from CreditCards.com.

The article from MSN discusses how the fear of potential new tariffs by former President Donald Trump, should he return to office, is prompting Americans to stockpile essential goods like toilet paper, medicine, and food. This behavior is driven by concerns over rising prices due to Trump's previous and potential future trade policies, which included imposing tariffs on various imports. These tariffs could increase the cost of goods, leading consumers to buy in bulk now to mitigate future price hikes. The article highlights the economic anxiety among Americans, referencing Trump's past actions like the 2018 steel and aluminum tariffs, and his threats to impose tariffs on European cars and Mexican imports. This preemptive stockpiling reflects a broader consumer reaction to the uncertainty and potential economic impact of Trump's trade policies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/fear-of-trump-tariffs-is-causing-americans-to-stockpile-toilet-paper-medicine-and-food-before-prices-rise/ar-AA1vy08l ]

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