US consumers will start feeling the pain of tariffs in stores by the end of May, Trump's ex-top economic advisor says
Source: Business Insider
American consumers are just weeks away from feeling the effects of President Donald Trump's tariffs at the cash register, Gary Cohn, Trump's chief economic advisor during his first term, said.
In a CBS interview, Cohn forecast that the consequences of newly imposed tariffs on China will start rippling through the US economy by late May.
"The cycle from a good being sold in China, loaded on a vessel, sailed across the ocean, unloaded in the United States, put in a factory, and distributed to a shelf is about eight weeks in the United States," he told "Face the Nation" on Sunday.
Read more: https://www.businessinsider.com/us-shoppers-face-tariff-pain-may-end-former-trump-advisor-2025-4
Buckle up. I'd suggest buying whatever essentials you need now, and then lock down your discretionary spending for the foreseeable future.

Lovie777
(18,144 posts)Blues Heron
(6,830 posts)need those masks for the Bus!
chowder66
(10,462 posts)In case you are looking for an alternate. Not sure if the prices will remain stable.
I just purchased 50 powecom n95 masks for about $36 with a 25% promo code they are offering. I recommend staying away from the colored masks because they smell weird. The white ones are great and very breathable.
Blues Heron
(6,830 posts)chowder66
(10,462 posts)Torchlight
(4,563 posts)doing their best to delay the consequence, or the market just reacts faster than I think (and I'll bet on the second).
mdbl
(6,315 posts)My grocery store will use any excuse to raise prices, even when it's not necessary.