Five Items to Buy Now Before Trump’s Tariffs Take Effect on August 1st

Sweeping new tariffs announced by former President Donald Trump will officially take effect on August 1, 2025. While Trump hailed the move as Liberation Day, economic experts warn that the financial impact will be felt most directly by American consumers.

Originally introduced in April, the tariffs caused turbulence in the stock market due to uncertainty over their scope and timing. Although the White House recently extended the implementation date, officials noted that further delays or changes are still possible.

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Who Really Pays the Tariffs?

A common misconception is that foreign manufacturers absorb tariff costs. In reality, U.S. importers bear the burden—and those costs are typically passed on to consumers through higher prices.

With that in mind, experts recommend acting quickly to purchase certain goods before the new tariffs drive prices even higher.

Products to Consider Buying Before August 1

1. Tech Devices: Laptops, Phones, TVs

Although tariffs on consumer electronics have not yet been finalized, the uncertainty alone could trigger early price increases.

“There is a lot of uncertainty on if such tech does see price hikes because of tariffs, so to avoid any worries, it’s advised you make that big purchase soon,” reports Forbes.

2. Furniture

More than 75% of all furniture sold in the U.S. is manufactured overseas, according to the Alliance for American Manufacturing. That means nearly all items—sofas, desks, dining tables, and more—could become significantly more expensive.

3. Clothing and Textiles

Closets may not be spared. Items such as men’s shorts, crossbody bags, and bath towels are all on watchlists for tariff-related price increases.

4. Food Products

Food may be the most essential category impacted. In 2023, the U.S. imported more than $45 billion in food and agricultural goods from Mexico alone. With tariffs looming, grocery bills are expected to rise across the board.

5. Home Appliances

Appliances like washing machines, refrigerators, and dishwashers have already seen price hikes due to earlier steel tariffs. With additional tariffs taking effect, costs for these items could climb even higher.

Final Thoughts

If you’re planning to purchase any of the items listed above, it may be wise to act before August 1. Once the tariffs kick in, many products could become significantly more expensive—and in some cases, unaffordable for many families.

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