What impact do you think it will have on you?

Are there critical items to purchase now that will be too expensive to afford next year?

Are you changing your savings or investments?

  • EveryMuffinIsNowEncrypted@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    28 days ago

    If you are an American, how are you preparing for the upcoming tariffs and possible trade war?

    I’m not. I would love to, but there’s not really much I can do as far as I can see.

    What impact do you think it will have on you?

    Are there critical items to purchase now that will be too expensive to afford next year?

    Probably a lot of things. Contrary to what a lot of MAGA morons would like to claim, tariffs very rarely ever benefit the country establishing the tariff. Very few things are actually wholly made in America nowadays. With such a global economy, even things that are marketed as “made in America” are typically not made 100% in America. And even if they are, the parts are often sourced from around the world since, with modern shipping, that’s actually cheaper typically than sourcing it in-country. (Not to mention that some parts can’t be sourced in-country simply because no one exists to provide that service anymore.)

    Are you changing your savings or investments?

    Bold of you to assume that I have any extra money to put into either of those. I put in the same amount of money every week as I have the last while: whatever I can, which isn’t much. I don’t get paid shit for my job, yet prices keep going up. Sadly, it’s not like I have much money to adjust. :(