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Well I've felt the volatility in the market on my investments. Overall though, my wife and I are dual income no kids. We are top earners so it feels like a pebble on the road. We already buy expensive versions of normal stuff (organic, speciality local stuff, Made in America, all the laughable extra expensive stuff). Definitely the wrong people to ask.
You don’t feel it because the companies so far have been eating the tariff and not passing on to the consumer. If the tariffs continue longer they will impact the bottom lines of companies and soon you will start feeling the pinch of rising prices.
China devalued their currency, which has negated some of the impact of the tariffs.
I haven’t noticed it yet in my day to day. But my SO is in fashion and it’s definitely influencing her day to day work. Tariffs and uncertainty are causing a lot of replanning on pricing and volume for different lines that have different current supply chains. And in some cases accelerating transition of some parts of supply chain from China to other countries in Asia.
The tarrifs that we would feel are the ones Trump has pushed back multiple times.
So far, yes, but I think we’ll start to see it more in holiday shopping season and especially the new year. Trump tried to push them out enough to not affect holiday shopping, but he may not have succeeded. Supply chains are long and disruptions can have an affect at any point in the process, while restoration needs to address every point in the process.
You are not buying in millions from China or selling to China to see the effects. The US farmers are the ones that are losing.
You’ll feel it come Black Friday. The affects usually don’t get trickled down right away, give it a few weeks.