What Products Will Get Pricier Under Trump’s Tariff Plan?

Though experts say the bills for White House trade policy are almost due, some of the worst new tariffs are on hold.

The possibility that consumers would pay more for numerous goods and services in the coming months remains unchanged, according to economists, despite President Donald Trump’s unexpected 90-day postponement on Wednesday of most of his April 2 tariff announcement.

The Yale University Budget Lab predicted Thursday that the average yearly impact of all the tariffs he has proposed this year would be $4,400 less for households. Although March’s inflation rate dropped more than expected, many predict that this is only a short-term respite.

Greg McBride, the chief financial analyst at Bankrate, commented on Thursday, “That was pleasant, but don’t get too comfortable with it.”

The president’s rapidly changing trade policies have generated significant uncertainty for businesses globally, jeopardizing price stability. His new import taxes are not eliminated but merely postponed. A 10% blanket tariff that took effect this week is still in effect, along with a staggering 145% tariff on imports from China.

“Both inflation and the overall economy are shrouded in uncertainty about what challenges may lie ahead,” McBride noted.

Here’s where consumers might feel the most financial strain.

Electronics

Customers have been scurrying to Apple stores in recent days to upgrade their iPhones, and for good reason—the company’s best-selling product is made in China, and UBS analysts predict that the price of its most expensive model will increase by at least $350.

Similar spikes may occur in other electronics, such as computers and televisions. A nonprofit research group called Global Trade Alert has analyzed trade statistics and found that the highest earnings from Trump’s tariff regime will come from electronic parts, including computers, cameras, TVs, and radio transmitters.

Automobiles and auto parts

Trump’s 25% import tax has already gone into force, and Anderson Economic Group estimates that Americans will pay an extra $2,500 to $20,000 per vehicle, depending on its size and kind.

Experts suggest that even people who don’t purchase new cars may find it impossible to avoid the impending additional import charges. Trump negotiated the U.S.-Mexico-Canada Agreement during his first term, but it is still unclear which auto parts would be exempt. Last year, the United States imported a record 63% of its tires from nations like South Korea (25% duty) and Thailand (37% tariff). Since the United States imports nearly all of its natural rubber, domestic producers will also be hampered.

In other words, it’s likely that Americans will soon have to pay more for auto maintenance.

Nuts

The Peanut and Tree Nut Processors Association stated in a statement last week that “While the domestic production of peanuts and tree nuts is bountiful, not every nut commodity can be grown within the United States.”

One of Vietnam’s primary exports, cashews, was subject to a 46% tariff imposed by the president on April 2. Additionally, consumers will notice more expensive macadamias, which are made in South Africa (31%), and Brazil nuts, a popular product of Ivory Coast (whose exports are subject to a 21% duty).

Coffee

About 80% of unroasted coffee beans come from Brazil and Colombia, making the United States the world’s second-largest importer, according to the U.S. Agriculture Department. Trump’s 10% baseline tax applies to both countries, although recent droughts in important growing regions have already caused prices to rise this year.

Rice

According to the USDA, over 25% of the rice marketed in the United States is imported from countries like Thailand, which is subject to a 36% tax, and India, which accounts for 26%. Because of the higher import duties, consumers should anticipate seeing more costly aromatic rice, such basmati and jasmine.

Spirits and wine

The European Union, which supplies 80% of the wine imported by the United States last year, is one of the primary suppliers of alcohol in the country that will be vulnerable to new tariffs imposed by the White House.

Some homes may end up considering of a dry summer when combined with Trump’s 25% tax on Canadian and Mexican goods and the extension of his aluminum penalties to include imported bottled beer.

“The increased costs of living that will result from the recently enacted tariffs, along with the significant increase in prices for wines that will result, will only push down consumption further,” the National Association of Wine Retailers said in a statement last week. The trade group said the policies risked “harming the American wine industry to a degree from which many of its participants will not recover.”

Clothes

Some of the biggest American merchants purchase clothing and shoes from Asian nations, such as China, Bangladesh (37%), and Vietnam, which has recently developed into a manufacturing hub for American companies looking to get around tariffs on China. When the new 46% duty on Vietnamese goods takes effect, that appears to be going to change.

For VF Corporation, the parent company of Timberland, Dickies, the North Face, and Vans, those three nations rank among the top production locations. The majority of the clothing produced by Gap, which owns Old Navy, Gap, and Banana Republic, comes from manufacturers in Bangladesh, Sri Lanka, India, and Vietnam (32%).

According to a trade body that represents well-known companies like Nike and Skechers, taxes could raise the cost of a $155 running shoe made in Vietnam to $220, as reported by Reuters recently.

Toys

According to the Toy Association, about 80% of toys sold in the United States are imported from China. The president of the trade organization, Greg Ahearn, told PBS in March that he expected to see price rises of 15–25% for toys including race cars, games, and dolls.

Trump’s 104% tax on Chinese goods was in effect at the time. Classic playsets like Tonka Trucks and Lincoln Logs are made by Florida-based Basic Fun, which informed the New York Post on Monday that it was completely stopping shipments to the United States because it was “impossible” to pass those costs on to customers.

Seafood

A supper of seafood might someday be considered a rare luxury. Top exporters of fish and shellfish, India and Chile, were subject to new 10% and 26% taxes, respectively.

“About 70 to 80% of the U.S. seafood food supply is imported, and so that is not a number that the U.S. domestic industry can plug,” said Andy Harig, an executive at the Food Industry Association, told Today.com last week. “So you’re going to see that the cost of the seafood department go up.