Do you want to see something scary? Look at the stock market. The news of the prices of the “Liberation Day” of President Trump sent Wall Street to a fall, and even if you are not entirely invested with a financial portfolio, you will feel the price increases in your wallet.
The concern concerning the potential impact of the price increase has been the conference, well, all in recent times, from the cable news to the podcasts in online items trying all to help consumers determine what all this means for the moment and for the future.
As you probably know, these prices will make almost certainly more expensive so that products, goods and raw materials enter the United States, so that any brand that does not make 100% of their goods in the United States will have to choose between the increased cost of their products and reduce business income, or maintain identical benefit margins by invoicing consumers more. Spoiler: They will invoice consumers more.
Prices vary on a country’s basis by country, and not a product type, so calculations are needed to understand who would pay for how much for what. Kent Smetters, professor of commercial economics and public policy at the Wharton School of Business at the University of Pennsylvania, said Charm On average, we can expect to pay 35% more for clothing and 20% more for beauty and skin care products.
Grim, yes, but is there something we can really do about it? Well, buying strictly American manufacturing goods and services is a strategy, but let’s face reality: it is a global economy and most of our essentials are produced abroad, and there is no bypass. Although the reflux and flows of the world economy cannot be predicted to the letter, economists and financial forecasters have speculated on specific retail categories which could be the hardest affected, which in turn stimulated a conversation between consumers on the question of knowing if we should take certain articles now, before Trump’s prices are officially triggered.
When will prices increase?
“It is difficult to say it with certainty,” explains Smetters. “They should be completely progressively progressively progressed in the three to six months unless the prices are changed.”
Even if prices do not change, however, this does not mean that the products will not be affected. Depending on where a special business supplies in materials, it can change supplier, resulting in a change in the real product. It should be noted that some brands – even if they do not implement new prices – could always increase their prices. If costs increase in all areas, why wouldn’t all brands want in action?
The main thing: it is not a terrible idea to collect key products that you absolutely like if you can.
Skin care
Costs will probably increase, but that does not mean that your night routine should change. As long as the active ingredients that interest you are the same, the pharmacy brands are just as good as those high -end flashy. And using more products does not guarantee a better result; In fact, you could spoil your skin in the process.
