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2025-04-21

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Trump's tariff policy is likely to affect people's livelihoods! American billionaires are urging the public to "quickly stock up," and residents of New York City are rapidly spending $100,000 at stores to stock up.

Trump's tariff policy is likely to affect people's livelihoods! American billionaires are urging the public to
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On April 2, U.S. President Trump announced a "reciprocal tariff" policy, which caused global shock. Economists widely predict that this move will lead to significant inflation in the United States, with prices of essential goods potentially soaring. Many people are eager to stock up on supplies before the tariffs take effect. Former NBA Dallas Mavericks owner Mark Cuban urged everyone to head to Walmart and other wholesale stores to buy necessities. Reports indicate that some individuals have spent over $3,000 in shopping malls in a short period to prepare for potential price increases in the future.

On April 2nd, local time, U.S. President Trump proposed the shocking "reciprocal tariff" policy, an initiative that not only will impact the global economy but has also caused widespread pessimism in the economic and business sectors, with many believing it will trigger severe inflation in the U.S., putting the public in a difficult situation with skyrocketing prices for various essential goods.

In response, former NBA Dallas Mavericks owner Mark Cuban urged people on social media to quickly stock up on goods at nearby wholesale stores to avoid future price hikes. Many Americans have also told the media that they have emptied their online shopping carts, with some spending over $3,000 in less than 24 hours on a shopping spree at stores.

As Trump officially announced the reciprocal tariff policy, several economic experts began analyzing the potential consequences. It is anticipated that the cost of living will rise significantly, prompting many people to choose to "emergency stock up" before the tariffs take effect. Cuban posted on the social platform "Bluesky," suggesting, "Now is the time to go to Walmart or other major retailers to purchase various daily necessities. From toothpaste to soap, buy everything you can find storage space for before the stores restock—because even if it's made in America, prices will go up, and then it will all be blamed on the tariffs."

A psychology professor at California State University, Walcher, told the media she spent $578 on Amazon to place an advance order for items in her shopping cart, feeling that having ample stock would allow her to continue facing life. Another resident from Queens, New York, Peglo, expressed that he spent over $3,000 in just one day purchasing various electronics, auto parts, and household items, questioning, "If you don’t buy now, when can you wait until?”

  • President Trump's "reciprocal tariff" policy has drawn global attention.
  • The economic community is generally concerned that this policy will lead to inflation.
  • People are scrambling to purchase essential goods in response to the impending price increases.

With the announcement of reciprocal tariffs, the U.S. stock market lost $6 trillion in value, and Trump stated once again that large companies are not worried about this tariff war.