Some of the most rigid new prices are pending, but experts say that buyers’ bills for White House trade policies soon become due.
The 90 -day surprise suspension of President Donald Trump Wednesday of a large part of his pricing announcement of April 2 does not change the probability that consumers will pay more for many goods and services in the coming months, warn economists.
All the prices he announced this year would eliminate the purchasing power of households on average of $ 4,400 per year, the Yale University Budget Lab prequested on Thursday. Although inflation has dropped more than expected in March, analysts say that it is probably only a temporary stay.
“It was good, but don’t get used to it,” said Greg McBride, chief financial analyst of Bankrate, in a statement on Thursday.
The president’s changing trade war has created enormous uncertainty for companies around the world, threatening prices stability, and its new import taxes are simply delayed, and not canceled. A right of 10% between the edge which has entered into force this week remains in place, as well as a massive rate of 145% on Chinese imports.
“With inflation and the global economy, uncertainty abounds on what could be hidden in the turn,” said McBride.
Here is where consumers could feel the most pain in their pockets.
Electronic
Consumers have rushed into Apple stores in recent days to upgrade their iPhones, and for the reason: the best -selling product of the company is manufactured in China, and its most upscale version could see a price increase of at least $ 350, according to UBS analysts.
Other electronic computers electronics to televisions could see similar jumps. Electronic parts – such as IT machines, cameras, television and radio issuers – explain by far the most important income from Trump’s pricing regime, according to a Global Trade Alert commercial data, a non -profit research group.
Vehicles and car parts
The price of 25% of Trump on imported vehicles has already taken effect, costing Americans an additional $ 2,500 to $ 20,000 per vehicle, depending on its size and type, according to Anderson Economic Group estimates.
Additional import taxes in the pipeline could be essential even for those who do not buy a new car, according to experts. The uncertainty remains on the automotive parts exempt under the agreement of the United States-Mexico-Canada that Trump negotiated during his first mandate, while the United States imported a record of 63%of its tires last year in countries like Thailand (rate of 37%) and South Korea (25%tariff). The United States has obtained almost all of its natural rubber from other countries, which means that national producers will also be hampered.
In other words, there is a good chance that automatic reception will be about to cost the Americans more.
Nut
“While the national production of peanuts and trees of trees is abundant, all nut goods cannot be cultivated in the United States,” said last week last week.
This includes cashew nuts, one of the main exports of Vietnam, which the president struck with a price of 46% on April 2. Buyers will also see more expensive Brazil nuts, a major product from Côte d’Ivoire (whose exports are faced with a rate of 21%) and macadamias, produced in South Africa (31%).
Coffee
The United States is the second largest coffee importer in the world, with around 80% of non-roasted grains from Brazil and Colombia, according to the US Department of Agriculture. While the two countries are subject to Trump’s reference rate at 10%, recent droughts in growing growing regions have already increased prices this year.
Rice
According to the USDA, more than a quarter of rice sold in the United States is imported from countries like Thailand (facing a rate of 36%) and India (26%). Consumers can expect to see more expensive aromatic rice, such as jasmine and basmati, due to higher import taxes.
Wine and spirits
The White House has also slapped new prices on the country’s main sources of alcohol, including the European Union (subject to 20% prices), which represents 80% of all the wine that the United States imported last year.
Combined with the 25% price on Mexican and Canadian products – and the expansion of aluminum duties of Trump to include cannon imports – certain households could end up considering a dry summer.
“The increase in life costs that will result from recently promulgated prices, as well as the significant increase in the resulting wines of wines, will only push consumption,” the National Association of Wine Retailers said in a statement last week. The commercial group said that policies were likely to “harm the American wine industry to a certain extent from which many of its participants will not recover”.
Clothes
Some of the largest American retailers provide clothing and shoes from Asian countries, including China, Bangladesh (37%) and Vietnam, which in recent years has become a manufacturing center for American companies seeking to dodge trade barriers on China. This seems to change when the new price of 46% on Vietnamese products comes into force.
These three countries are among the main manufacturers for VF Corporation, owner of brands such as Timberland, Dickies, The North Face and Vans. GAP, who operates the former navy, the gap and the Republic of bananas, obtained most of his factories’ clothes in Vietnam, India, Indonesia (32%), Bangladesh and Sri Lanka (44%).
“The prices of 2025 disproportionately affect clothes and textiles, consumers confronted with 58% of higher -term clothing prices,” wrote the researchers in the Yale budget laboratory. “The prices of clothing remain 26% higher in the long term. »»
A commercial group that represents major brands, including Nike and Skechers, recently told Reuters that prices threatened to bring back the price of a racing shoe of $ 155 manufactured in Vietnam up to $ 220.
Toys
According to the Toy Association, almost 80% of toys sold in the United States are imported from China. Greg Ahearn, the president of the sales group, told PBS in March that he had priced increases of 15 to 20% on toys such as games, dolls, racing cars.
It was before Trump’s 104% withdrawal from Chinese products. Basic Fun, a Toyaker based in Florida, responsible for classic game games such as Tonka Trucks and Lincoln Logs, said on the New York Post on Monday that he interrupted expeditions to the United States, because the transmission of these costs to consumers was “impossible”.
Sea fruit
A seafood dinner could soon become a rare luxury. The best exporters of fish and crustaceans Chile and India were affected with new tariffs of 10% and 26%, respectively.
“About 70 to 80% of the American food fruit supply is imported, so it is not a number that the American national industry can connect,” said Andy Harig, a framework of the Food Industry Association, in Today.com last week. “You will therefore see that the cost of the seafood department is increasing.
