American Shoppers Urged to Stock Up Before Price Hikes Hit
Consumers in the U.S. are being encouraged to buy essential items before new tariffs cause prices to rise. Recently, a 10% global tariff baseline was introduced, affecting many imported goods. Certain countries, including Japan, South Africa, and Vietnam, face even higher tariffs, ranging from 24% to 46%.
What’s Behind the Price Surge?
The new trade measures, implemented on April 5, have already impacted the stock market. The S&P 500 dropped sharply, and the U.S. dollar hit its lowest point in…