Posted on 04/13/2025 4:46:20 AM PDT by Oldeconomybuyer
When his camera stopped working on his iPhone recently, New Yorker Richard Medina didn't waste any time. With the threat of tariff-fuelled price hikes on smartphones bearing down, he quickly called his phone company for a new one.
"I said, 'We've got to switch this out now,'" the 43-year-old recalled. "Let's take care of it."
The move was a sign of the pressure rising across the US, where households are being buffeted by what could be staggering price rises, and even possible shortages triggered by the sweeping tariffs that US President Donald Trump announced this month.
Some are trying to stock up. Others say they feel paralysed by the changes, which have come quickly, or hope Trump will change his mind and reverse course - not an entirely unreasonable hope given the rapid changes in policy.
"I can't keep up with the president. Every day is something new," said Anna Woods, 42, who recently received a message from her son's summer camp warning that the tariffs might affect pricing of standard gear such as T-shirts.
Cristina Montoya said she had been buying extra canned food and frozen fruit, a little at a time for a few months, anxious about possible price increases.
Some people shopping in New York said it felt like a whole way of life could be coming to an end.
Louis Lopez, an elevator mechanic in New York City, said he was so worried about the economy he had started to squirrel away cash under the mattress. But he was also holding shopping bags with new work clothes and a pair of Nike trainers for the summer.
"You might as well buy it now ... while you have it good," the 56-year-old said. "It's going to change everything for everybody."
(Excerpt) Read more at bbc.com ...
Sez the hard-Left Beeb.
Beliefs based on rumors
It’s from the BBC. Paki news outlets are not really credible
Can someone explain how tariff can be applied if the product is delivered to the stores before the tariff is imposed?
As I understand the situation right now the supply line right now from China has been shut down (on their end) so any product already here has not had the tariff applied.
Or am I wrong?
I feel soo paralyzed!
I think I stay in the bed today.
Luckily Bud Light is Made in the USA!
Oh no - I cannot drink that one either?!🤣
Blame Trump? What about Blame Biden?
“Paralyzed” If it weren’t for gross exaggerations and ridiculous hype, it probably wouldn’t get in print. I’m getting tired of words like “eviscerated”, “blasts”, “gaslight”, etc. Bombastic nonsense. Countries are lining up to negotiate new trading deals except China, who will have to learn the hard way, their economy is much worse than ours. A temporary situation, won’t last, and don’t go out and grab all the toilet paper.
The British Broadcasting folks are become blubbering idiots.
Well, according to his doctors, he’s too old and feeble and delusional for any blame, and he’s a nice guy, so leave him alone. Barf.
The glass is half empty fearful ignorant crowd.
Any leftie who can keep up with their ever-changing mountain of irrational lies can certainly keep up with something as simple and transparent as tariff policy.
Give me a break.
how about blame all those who didn’t pay attention to Trump’s rhetoric on this on the campaign trail, his statements announcing tariff date a few months ago...
Strange, I just go in the store and look at dozens to hundred choices for anything I want. Then I just choose one. Also, if the product costs a few cents more I really don’t notice if my toothpaste goes from $3.00 to $3.20.
If I am buying quality which has a price, it will not be coming in from China and the amount does not change.
I have always kept my freezer and pantry stocked up.
You never know when the next crisis, real or imagined, will occur.
I’m especially stocked up on pasta and jars of red and white sauces.
My Inner Greedy Merchant tells me that throwing the scare of uncertain and dramatic price hikes due to upcoming tarrifs could be a great way to attract a flurry of Tariff Panic Purchases!
“Hurry, while prices last!!”
These articles are bellyfuls of laughs.
Where and how do they find all these pussies to interview?
On the bright side, all these early expenditures are goosing the economy.
“Some people shopping in New York said it felt like a whole way of life could be coming to an end”
…you mean like the Covid hoax you believed in?
Think of it like gas prices. The price goes up when a barrel of crude goes up but it’s a long refining process between crude and gasoline in the gas station tanks, probably takes months.
Companies will use any excuse to raise prices. Even things that haven’t happened yet but will or might happen.
My favorite price game was when gas went to $4+ a gallon so motor oil went to $6-8 a quart. Then crude and gas prices came back down but motor oil never did.
Panican’s
I guess they were oblivious to FJB inflation.
Standard ops
1) first 36 hours after an event. You get the best reports of the event
2) Then, fake news finds friendly experts to slpain what happened.
3) Faux News and pmsnbc/Da View friendly experts hurl insults back and forth.
4) Folks forget the actual event but remember The Narrative and how they are supposed to think so that they are not cancelled
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