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2025-04-21

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Trump's tariff policy may impact people's livelihoods! U.S. billionaires urge to "stock up quickly," while New Yorkers spend $100,000 shopping at stores.

Trump's tariff policy may impact people's livelihoods! U.S. billionaires urge to
讀後心得
On April 2, U.S. President Trump announced the "reciprocal tariff" policy, causing global shock and widespread concern in the economic sector about the potential for severe inflation in the United States. Citizens, fearing rising prices, began stockpiling goods, and former NBA Dallas Mavericks owner Mark Cuban also urged everyone to rush to large retailers to purchase daily necessities. Many Americans quickly emptied their shopping carts, with some spending over $3,000 in just 24 hours to stock up. Economic experts believe this policy will have far-reaching effects on the U.S. economy.

On April 2nd, local time, U.S. President Trump announced a shocking "reciprocal tariff" policy, a move that will have a significant impact on the global economy. The academic and business communities are generally pessimistic about this policy, believing it could lead to severe inflation in the U.S., with the public potentially facing skyrocketing prices for essential goods.

Former NBA Dallas Mavericks owner and American billionaire Mark Cuban posted on social media, urging the public to go to nearby wholesale supermarkets to stockpile daily necessities in an effort to mitigate the effects of future price increases. Many Americans also expressed to the media that they had completely emptied their online shopping carts, with some even spending over $3,000 in just 24 hours at stores (around New Taiwan Dollar 100,000) on purchases.

According to reports, following the official announcement of the reciprocal tariff policy, industry experts have come forward to analyze the potential impacts. Many Americans are urgently stockpiling goods due to concerns about significant price increases. Cuban pointed out in a post on the social platform Bluesky, "You should immediately head to Walmart or other major retailers and buy consumables in bulk. From toothpaste to soap, buy any storable goods before the merchants restock, because even domestic products will increase in price and will be blamed on the tariffs."

A psychology professor at California State University reported spending $578 (around New Taiwan Dollar 19,000) to place an entire shopping cart of items from Amazon, believing that stockpiling would help her face life with peace of mind. Meanwhile, a resident from Queens, New York spent over $3,000 in less than 24 hours purchasing electronics, auto parts, gardening tools, and various household items, questioning, "If not now, when can we wait to buy?"

  • After the announcement of Trump's policy, the U.S. stock market evaporated $6 trillion.
  • Trump claims that large corporations are indifferent to the impact of the tariff war.
  • Yoga apparel brands may raise prices by over 10% in response to tariffs.
  • Nintendo's pre-orders in the U.S. have been affected and are being reassessed for impact.