In recent years, consumers have been a fair part of the sticker shock. Further increases in the way, but this time Inflation Is not an important culprit.
A growing number of companies has asked buyers to produce large -cost priced tags in the coming days and weeks. Reason? Taxat.
Among the widespread uncertainty, President Donald Trump It has doubled on their claim that consumers will not feel because of its prices. In an interview to ABC News on April 29, Trump withdrew the advice of Representative Terry Moran, saying that 145 % of revenue on China would increase prices. Trump said “nothing is going to happen” and added, “China will probably eat these rates.”
However, the next day, at a cabinet meeting, it moved. Regarding the empty shelves from the purchase of toys, he said: “Children may have two dolls instead of 30 dolls … maybe the two dolls will usually cost more than that.”
Despite the White House mixed messages, economists expect to increase costs for all imported goods and US -made items that rely on imported materials.
Companies are intended to pass with some prices
One hundred percent of the surveys recently conducted by Ernst and Young, a network of professional services, said they would pass with some parts of the increasing costs due to taxes to consumers. According to a survey released March 7, about two -thirds of the executives say they will pass with at least half the cost, and about one -third say they will pass with 90 % of the cost.
According to the latest budget lab estimates at Yale University, prices on consumer goods are likely to increase by 2.9 % in the short term. This is translated annually, 4,700. Low -income households may suffer an average of $ 2,700 annually.
Although it is expected that prices of all kinds of imported consumers will rise, some categories may be more difficult than others. The budget lab shows that clothing and textiles are designed to see some of the highest additions.
Before settling 27 % above the current level, short -term clothing prices may increase by 64 %. Textile prices can rise to 44 % in the short term before applying the current level to 17 %.
A recent development that can further pull prices is “de -minemis” exemption expires.
Companies that are raising prices
Trump’s rates have not been benefited yet Customers’ budgetBut it won’t last long. There are some of the major retailers who have already announced a hike in prices.
Microsoft: On May 1st, the computer and gaming Dev said it was rising prices of Xbox Games, consoles and controllers.
Stanley, Black & Decker: On April 30, a US -based toll company said in its first quarter report that it was accelerating supply chain adjustments, but added that the initial price increase was implemented in April. The company also informed its customers that prices are likely to rise further.
Adidas: On April 29, a German -based sportsware company allegedly said during a call with investors that more revenue would eventually increase product costs in the United States, but did not offer what effect it would be.
Proctor and Gamble: On April 24, a US -based company said prices for its products would be likely to rise in the next financial year, which began in July. Proctor & Gamble owns large homes, grooming and scanner brands such as tide, don, grace and old spices.
Shen: On April 16, a low -cost Fast Fashion e -commerce retailer based in China said its consumers could expect higher prices by April 25.
Temu: On April 16, a low -cost home and electronics e -commerce retailer said it would increase prices. Then last week, the company said it would no longer be sent directly to US consumers.
Includes additional retailers Target, Columbia Sportsware, Best Bye, Metal And Autos The possibility of rising price is mentioned. Third -party sellers have already begun to increase prices Amazon. Includes some of the largest retailers in the US Costco, Krigar And Votage He has said that he will reduce the price hike and absorb the maximum tariff increase.
(Photo for Rudd/Getty Images News by Gati Images)
