Americans Stockpiling Goods Amid Fears of Trump's Tariff Impact
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One in five Americans hoarding items due to rising prices and uncertainty / AFP With the recent implementation of tariffs on imported steel and aluminum by President Donald Trump, a notable shift in consumer behavior has emerged among Americans. A report by CreditCards.com reveals that one in five individuals is purchasing more items than usual, reflecting heightened anxiety about potential inflation and economic instability. This phenomenon, driven by fears of escalating prices resulting from tariff policies, has led many consumers to stock up on essential goods. The findings indicate that a significant portion of the population is concerned about the financial implications of these tariffs. Specifically, 29% of respondents stated that Trump's tariff measures have significantly influenced their purchasing decisions, while 37% acknowledged that the tariffs had some impact. This apprehension is illustrated by the fact that 22% of those surveyed admitted to engaging in hoarding beha...