Experts Warn of Consumer Impact as Trump's Tariffs Loom

President-elect Donald Trump plans to impose significant tariffs on imports from Mexico, Canada, and China, which could lead to increased prices for consumer goods like electronics, appliances, and vehicles. Economists warn that these tariffs may worsen inflation and disproportionately affect low-income households. While the exact impact remains uncertain, experts suggest considering purchases of high-ticket items before potential price hikes. Consumers are advised to budget carefully and explore cost-saving strategies to mitigate the financial impact of these tariffs.