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'Tariff Effect' Triggers Panic Buying As Americans Snap Up Furniture, Electronics, And Cars

2025-04-08 52 Dailymotion

U.S. consumers are racing to shop before Trump's broad tariff hikes hit wallets, according to ABC News. Consumers worry that upcoming tariffs on U.S. trading partners may make everyday goods more expensive and harder to find. The trend leads to a spike in auto sales and panic-buying of goods from furniture to electronics. Experts warn not to go into debt to avoid the “tariff effect." Analysts say supply chains remain stable, and panic-buying risks increase household debt.