Before tariffs raise prices, you should consider stocking up on the following items, as they are likely to become more expensive due to increased import taxes and supply chain impacts:
Key Items to Stock Up On Before Tariffs
- Automobiles and automotive products : Cars, tires, and related parts are expected to see price hikes
- Electronics and tech gadgets : Gaming systems, televisions, computer accessories, smartphones, and related electronics may become pricier once tariff pauses end
- Appliances : Washers, dryers, refrigerators, and other household appliances could cost more due to tariffs on imported components and raw materials like steel
- Home goods and furniture : Items such as vacuums, mattresses, furniture, and tools (drills, saws, wrenches) are likely to increase in price
- Clothing and footwear : Particularly jeans and name-brand sneakers, as a large portion of these are imported
- Specialty foods and staples : Coffee, spices, chocolate, imported cheeses (Swiss, Parmesan, brie, gouda), wine (Champagne, prosecco, Chianti), nuts, San Marzano tomatoes, cooking oils, steak, salmon, rice, and canned goods are all vulnerable to price increases due to tariffs on imports
- Personal hygiene products : Soap, toothpaste, shampoo, deodorant, razors, feminine hygiene products, toilet paper, and tissues, which are often imported or rely on imported materials
- Medications and first aid supplies : Generic drugs, pain relievers, cold and allergy meds, antiseptics, bandages, and thermometers, as many ingredients are imported from tariff-affected countries
- Batteries : Due to reliance on imported raw materials, batteries may become more expensive and harder to find
- Underwear and eyewear : A large share of underwear and glasses frames are imported, so stocking up now can avoid future price hikes
Items to Avoid Impulse Buying
- Only stock up on items you actually need or regularly use to avoid overspending or ending up with surplus goods if tariffs are reduced or trade deals are reached
- Keep in mind the tariff situation is fluid, and prices could stabilize if negotiations succeed
In summary, focus on purchasing imported goods and products with significant foreign components before tariffs take effect to lock in current prices and avoid paying more later