As uncertainty and recession fears continue to surround Donald Trump’s on-again, off-again tariffs on U.S. trading partners, some financial experts are urging consumers to stock up on key goods that could become more expensive in the coming days — though they warn against the kind of fevered stockpiling that took place during the days of the Covid pandemic.
“I’d focus on big-ticket items. If you’re planning to buy a car and prefer an imported one, expect an immediate price impact. Compare your options and check which models have been affected so you can make an informed decision,” Ryan Haiss, a certified financial planner at Flynn Zito Capital Management, told MarketWatch.