Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(64,247 posts)
Sat Apr 5, 2025, 01:39 PM 17 hrs ago

US consumers rush to buy big-ticket items before Trump's tariffs kick in

Source: Associated Press

US consumers rush to buy big-ticket items before Trump’s tariffs kick in

By CLAIRE RUSH and MARK THIESSEN
Updated 12:10 AM EDT, April 5, 2025

John Gutierrez had been thinking about buying a new laptop for the past year. The Austin, Texas, resident needed a computer with faster processing and increased storage for his photography work and had his sights set on a product from a Taiwanese brand.

Then President Donald Trump announced expansive new import tariffs Wednesday, including a 32% tax on imports from Taiwan. That same day, Gutierrez ordered the laptop, with a base price of $2,400, from a retailer in New York specializing in photo and video gear.

“I thought I’d bite the bullet, buy it now, and then that way I’ll have the latest technology on my laptop and don’t have to worry about the tariffs,” he said.

Gutierrez was among the U.S. consumers rushing to buy big-ticket items before the tariffs take effect. Economists say the tariffs are expected to increase prices for everyday items, warning of potentially weakened U.S. economic growth.

-snip-

Read more: https://apnews.com/article/trump-tariffs-economy-consumer-spending-2e29ccf002ba4a1696ea54005b1a377c

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
US consumers rush to buy big-ticket items before Trump's tariffs kick in (Original Post) Eugene 17 hrs ago OP
yeah, we just bought some tech. unblock 17 hrs ago #1
I brought a new refrigerator right after the orange Hitler was elected kimbutgar 17 hrs ago #2
I did my big ticket items before tRump returned GoreWon2000 16 hrs ago #3
Which means in a few months we will be in a recession. nt BootinUp 16 hrs ago #4

unblock

(54,912 posts)
1. yeah, we just bought some tech.
Sat Apr 5, 2025, 01:44 PM
17 hrs ago

we had been holding off on an ipad & iphone upgrade, just went ahead yesterday figuring prices are only going to go up, a lot and fast.

we probably should be switching away from apple entirely, but that's another bigger decision....

kimbutgar

(24,705 posts)
2. I brought a new refrigerator right after the orange Hitler was elected
Sat Apr 5, 2025, 01:59 PM
17 hrs ago

A spare TV when my old one in my bedroom dies, used some rewards points from my credit card got two new iPads as backups, a laptop for my son as a backup when his other one dies. Honey, Tuna, and my freezer is filled with an extra packs of Costco chicken breasts and ground beef. And been buying extra bottles of my favorite Italian wine. I’m stocking up on items because the shit is going to hit the fan by June.

GoreWon2000

(1,372 posts)
3. I did my big ticket items before tRump returned
Sat Apr 5, 2025, 02:15 PM
16 hrs ago

and I'm very grateful that I was able to do so before this tRump tariffs insanity.

Latest Discussions»Issue Forums»Economy»US consumers rush to buy ...