Trump’s massive tariff hikes: what could see price increases
The U.S. administration's recent decision to significantly raise tariffs is anticipated to affect consumer costs in various economic sectors. These alterations in trade policy, which are the most considerable import tax shifts in several decades, are expected to cause marked price hikes for numerous common items over the next few months.The prices of electronics and technology gadgets seem especially prone to increases. Several consumer electronics items, such as smartphones, laptops, and home appliances, include parts that are impacted by the new tariffs. Experts in the field anticipate these products may experience an 8-12% rise in retail prices as producers and…



:max_bytes(150000):strip_icc()/bank-buildings-falling-like-dominos-522041860-b5107a2c68eb472189118f20c52387df.jpg?w=800&resize=800,500&ssl=1)



