5 Items to Buy Now Before Trump’s Tariffs Take Effect on August 1st
With former President Donald Trump’s proposed tariffs set to kick in on August 1st, experts and consumers alike are bracing for price hikes on a wide range of imported goods. The new tariff plan—reportedly aimed at countries like China and Mexico—could mean increased costs on everyday essentials, electronics, and raw materials.
If you’re planning a major purchase or stocking up, now is the time. Here are five key items you should consider buying before the tariffs take effect.
1. Electronics (Phones, Laptops, TVs)
Many tech products are manufactured or assembled in Asia—especially China. The new tariffs could lead to:
- Higher prices on smartphones, tablets, laptops, and monitors
- Slower restocks or supply chain delays
- Fewer discount promotions after August 1
Buy now if: You’re planning to upgrade your device, start college, or gift electronics later this year.
2. Appliances (Washers, Microwaves, Refrigerators)
Large home appliances often rely on imported components. A new tariff on these items could push prices up 5–20% or more depending on the model and manufacturer.
Buy now if: You’re renovating, moving, or replacing an old appliance soon.
3. Home Improvement Supplies (Tools, Hardware, Lighting)
DIYers and contractors, take note. Tariffs could raise the price of:
- Power tools
- Screws, nails, and plumbing parts
- Lighting fixtures and smart home accessories
Buy now if: You’ve got any home projects in the pipeline or want to avoid paying more for basic supplies.
4. Furniture
Much of America’s furniture—especially affordable options—is made or sourced from abroad. Expect tariffs to affect:
- Sofas and sectionals
- Dining tables and chairs
- Mattresses and bed frames
Buy now if: You’re moving, furnishing a new home, or thinking about redecorating.
5. Clothing & Footwear
Trump’s proposed tariffs could impact textiles and finished goods. Retailers may pass those costs along to consumers quickly, especially in the fast fashion sector.
Buy now if: You’re shopping for fall clothing, back-to-school wear, or holiday gifting.
🛍️ Final Advice: Shop Smart, Shop Soon
While some retailers might delay price hikes by clearing current inventory, many prices will start rising in August or shortly after, particularly on items that are restocked frequently. If you’ve been on the fence about making a purchase, doing it now could save you money—and frustration.
Keep an eye on sales, bundles, and pre-tariff deals over the next few weeks. The clock is ticking.