ATLANTA, Ga. (Atlanta News First) - The consequences of the new tariffs imposed by the Trump administration will affect what you pay for goods and services.
Apparel, gadgets, vehicles, and food items are scheduled to increase in cost.
Small neighborhood grocery shops as well as large retail outlets will experience pressure.
Michelle Brown went shopping for groceries at Westview Corner Grocery in southwestern Atlanta.
“I and my dad both have fixed incomes, and everything has increased—gasoline, groceries. This is worrisome and absurd,” she stated.
Brown states that the tariffs will compel her to implement alterations.
"She mentioned that it might be time to start determining which items are essential versus non-essential in our home. Perhaps — we should scale back," she stated.
Matt Garbett, who owns Westview Corner Grocery, mentions they are awaiting developments to unfold.
He mentioned that he feels "conflicted" about not knowing the cost of bananas—or for that matter, the pricing of any items.
As new tariffs come into effect, companies like Ford are becoming more innovative.
The automaker chain launched a new initiative providing staff discounts on every vehicle.
The new tariffs announced by President Trump on Wednesday encompass a 10% across-the-board tax on everything imported.
Trump says the tariffs are an effort to bring back more manufacturing jobs to the U.S.
Georgia State Senator Russ Goodman (R-Cogdell), a blueberry farmer, holds this belief as well.
Goodman stated, "There will certainly be some temporary discomfort, however, I believe it's crucial for us to revive many of these vital sectors within our nation."
Susan Aaronson serves as a Research Professor and leads the Digital Trade and Data Governance Hub at the Elliott School of International Affairs.
There are companies that have been eager to invest in the United States for a long time, but I'm concerned that this approach won’t encourage job creation here," stated Aaronson. "It might not be compelling unless the U.S. remains their sole marketplace. However, what we're seeing is the U.S. actually driving nations farther from our influence.