Tag: Recession

President Trump’s tariffs are expected to raise prices on imported goods, impacting everything from sneakers to produce. While intended to protect U.S. manufacturers and influence trade negotiations, economists warn they could lead to inflation and a recession, already impacting the stock market and causing layoffs. Consumers can mitigate these effects by shopping secondhand, buying local or American-made, delaying purchases, utilizing online shopping tools, and exploring community resources like swaps and gardens. Current tariffs range from 10% to 50