Americans rush to stock up as Trump’s tariffs threaten price hikes
WASHINGTON – Ms Mariana Ibarguren combed through the racks at Swedish retail giant H&M, her arms draped with beachwear and bargain T-shirts. “It hasn’t hit these prices yet, but it’s coming,” she said, eyeing the clothes behind her.
She was not alone. Around the Georgetown store, shoppers were stocking up – racing against the calendar to grab deals before new tariffs on China, first announced on April 2, ripple through the supply chain and drive up prices.
A wave of consumer anxiety is sweeping the country as Americans brace themselves for steep price hikes on everyday items. From Halloween costumes to bicycles, goods in the United States are about to get significantly more expensive, thanks to President Donald Trump’s…
