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Trump's fluctuating tariffs are causing widespread anxiety among US consumers. Rapid policy changes, including exemptions for smartphones after initial announcements of increased duties, leave shoppers unsure how to react. Some are stockpiling goods, while others feel paralyzed by uncertainty. Economists predict potential price increases of up to 60% on some goods, leading to concerns about higher costs for families and a potential economic slowdown. The initial surge in purchases is expected to be temporary, with a subsequent decrease in consumer spending predicted.

Prepared by Christopher Adams and reviewed by editorial team.