U.S. consumers are clearing store shelves Fast & Furious-style 🏃💨 ahead of new tariffs announced by former President Donald Trump. From flat-screen TVs to bar carts, households are snapping up electronics, furniture, and alcohol before prices spike – turning retail therapy into an inflation survival tactic.
🔌 Experts say potential supply-chain bottlenecks and 15-20% price hikes on everyday imports could hit wallets by summer. 'This isn't just about saving money – it’s supply-chain anxiety meets meme-stock energy,' explains economist Priya Kapoor, comparing the trend to pandemic-era TP hoarding (minus the toilet paper).
🍷 Sneaky MVP? Alcohol sales – because nothing takes the edge off tariff stress like a preemptive wine stash. Meanwhile, retailers are scrambling to update 'Buy Now, Save Later' marketing campaigns faster than you can say 'trade war.'
Reference(s):
U.S. consumers rush to stock up on goods ahead of Trump's new tariffs
cgtn.com