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How to shop amid tariff uncertainty


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  Print publication without navigation Published in Business and Finance on by KARK

Here's how to adjust your shopping habits in an era of tariffs: "You need a budget more than ever," says Andrea Woroch, a money saving expert who shares budgeting tips on her website, andreaworoch.com. A budget, she says, gives you more control over how you're spending to help counteract the uncertainty over the impact of tariffs.

The article from KARK discusses strategies for consumers to navigate shopping amidst the uncertainty of tariffs, particularly those imposed by the U.S. on Chinese goods. It highlights that while tariffs can increase the cost of imported products, not all items will be equally affected. Consumers are advised to look for alternatives to goods that might see price hikes due to tariffs, such as buying American-made products or finding substitutes from countries not subject to tariffs. The piece also suggests that shoppers should be aware of seasonal sales, consider buying in bulk when prices are low, and keep an eye on economic reports or news for updates on trade policies. Additionally, it points out that some retailers might absorb the cost of tariffs to keep prices competitive, but this isn't always the case, so consumers should compare prices across different platforms and consider the timing of their purchases to mitigate the impact of potential price increases.

Read the Full KARK Article at:
[ https://www.kark.com/news/national-news/how-to-shop-amid-tariff-uncertainty/ ]

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