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Submitted by Douglas Newsom on 19 April 2021

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Tariffs Trump Your Budget

Make no mistake, tariffs are duties or taxes that WE will pay. All bad news for the end user watching their budget. Watch to gain a better understanding of how you can prepare and protect your wallet! Avacados, maple syrup, fuel, liquor, housing and many more item prices could soar. Countries and Companies respond by, 1. Passing along price increase to the buyer. 2. Restricting the amount they import, thereby increasing price due to supply and demand. 3. Retaliating by removing U.S. products from their shelves or slapping tariffs on U.S. goods. Tune in for interesting facts you're probably not hearing anywhere else.