
Frightening! Prices Are Going Up Grand Rapids!
It looks as if a big OUCH is coming to Michigan and Grand Rapids. We are going to be shocked at higher prices due to the new tariffs going into effect! Pain is on the way!
President Trump has raised tariffs on Canada, Mexico, and China. These tariffs will affect everyone because so many everyday products will be affected.
👇 BELOW: HOW YOU CAN SAVE MONEY TODAY! 👇
Here we go again with a higher cost of living!
Tariffs have been raised 25% on imports both from Canada and Mexico, and 10% on China imports, and slated to begin tomorrow morning, Tuesday, February 4.
There is a bit of good news since the U.S. and Mexico have reached an agreement to stave off the 25% tariff raise for one month. You can breath easier!?
DO I REALLY HAVE TO WORRY ABOUT HIGHER TARIFFS?
Yes, we should worry because the higher tariffs will affect so many things in our lives.
WHAT CAN WE EXPECT?
Appliances
The National Retail Federation report predicts there could be as much as a 19.4% increase in kitchen appliances.
Electronic Items
Prices will go up on smartphones, laptops, televisions and other electronics.
Energy/Electricity
Although it sounds strange, the cost of electricity may go up due to the way we share power grids in the North Americas.
Gasoline
Just when we are seeing the price of gas go down, we could see gasoline prices rise by 30 cents to 70 cents a gallon.
Groceries
We're all fighting the price of food today. With the bird flu epidemic, eggs are sky high. Guess what? Because of tariffs, watch other prices rise as well because we import food in the billions of dollars from Canada.
Housing
If you're wondering how tariffs affect housing, just watch. The U.S. imports lunber and building materials which means the higher cost will be passed on the the consumer.
Cars and Trucks
Experts are saying an extra $3,000 could be added to the cost of a new vehicle.
Tequila and Canadian Whiskey
Say it isn't so, but it is. Your favorite Canadian Whiskey and Mexican Tequila will cost you more.
I have only given you a sampling of how the tariffs could affect us. Let's hope things get worked out.
LOOK: Here are 25 ways you could start saving money today
Gallery Credit: Bethany Adams
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