What to Stock Up On (and What to Skip) Before Tariffs Raise Prices
From electronics to everyday essentials, here's what to prioritize in your shopping cart as trade tensions rise.

If you’ve been worried about what tariffs could do to your wallet, you might be able to breathe a little easier, at least for now. On May 12, the United States and China reached a 90-day agreement to slash crippling tariffs, following negotiations in Geneva.
So, should you rush to buy everything on your shopping list before prices potentially spike again after the 90-day pause? Maybe, maybe not.
We’ll break down what this temporary relief means for consumers and how to make smart shopping decisions while the tariff reduction is in effect.

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Temporary Tariff Relief: What It Means for Shoppers
On May 12, the United States and China reached a significant agreement to reduce tariffs for a 90-day period following negotiations in Geneva. U.S. tariffs on Chinese goods will decrease from 145% to 30%, while China's tariffs on U.S. imports will drop from 125% to 10%.
This short-term relief aims to alleviate economic tensions and has already led to positive reactions in global markets, with major indices experiencing notable gains.
However, with the agreement set to expire in 90 days, it remains uncertain whether the reductions will become permanent or revert back to higher tariffs. Consumers should be prepared for potential changes once the pause ends.
What you need to know about the 2025 tariffs
Tariffs, taxes levied on imported goods, have been a significant factor influencing consumer prices and global trade dynamics in 2025. Here's the current landscape:
Universal 10% Tariff: On April 5, President Trump implemented a baseline 10% tariff on all imports into the United States, invoking the International Emergency Economic Powers Act (IEEPA) to address trade imbalances.
Higher Reciprocal Tariffs: Effective April 9, the administration introduced elevated tariffs on imports from approximately 60 countries, with rates ranging from 11% to 50%, targeting nations with significant trade barriers against U.S. products. Imports from China were subjected to cumulative tariffs reaching up to 145%, combining existing measures and new reciprocal tariffs.
90-Day Tariff Reduction Agreement with China: On May 12, the U.S. and China agreed to a 90-day reduction in tariffs following negotiations in Geneva. Under this agreement:
- U.S. tariffs on Chinese goods will decrease from 145% to 30%.
- China's tariffs on U.S. imports will drop from 125% to 10%.
The 90-day period is intended to provide a window for further negotiations aimed at resolving broader trade issues between the two nations. Analysts caution that while the temporary relief is beneficial, underlying trade tensions remain unresolved.
While tariffs can cause imported product prices to rise, they can also impact the cost of domestically manufactured items because the United States often buys raw materials from other nations.
For instance, about one-fourth of the steel used in American production gets imported. Additional taxes levied on the material could make your next domestically produced appliance, automobile or cutlery set more expensive.
It’s impossible to know exactly how the taxes on imported products and raw materials will impact your finances. However, experts can venture an educated guess.
According to the Yale Budget Lab, price hikes due to tariffs are projected to cost the average household $3,800 annually.
That’s not chump change, considering the country’s median annual household income is roughly $75,000.
Products to buy before tariffs drive up prices
In an effort to save money, many consumers plan to purchase foreign goods before the tariff pause expires.
Some of the products that may get significantly more expensive later this year include, but aren’t limited to:
- Cars (and automotive-related products, such as tires)
- Tech items (i.e., gaming systems, televisions and computer accessories)
- Appliances (i.e., washers, dryers and refrigerators)
- Home goods (i.e., vacuums, mattresses and furniture)
- Tools (i.e., drills, saws and wrenches)
- Clothing (particularly jeans and name-brand sneakers)
- Specialty food (i.e., coffee, spices, oils and chocolate)
Note: High tariffs on cell phones and computers have been paused temporarily. However, prices for those items could soar once the reprieve ends.
Purchases you can postpone
While you may be tempted to visit your favorite retailers or shop online, you shouldn’t buy anything just to beat the tariffs. If you weren’t already planning to purchase an item, you should probably keep your money in the bank.
Impulse or panic buying can cause you to spend over your budget or take on debt. Plus, if enough shoppers rush to clear store shelves, we could see product shortages, which could, in turn, cause prices to inflate.
We saw this happen when some consumers purchased more toilet paper than they could possibly use during the pandemic.
In addition, the tariff landscape changes nearly every day. Stockpiling foreign goods now may seem like a good idea. However, if the right trade deal gets negotiated tomorrow, you could be stuck with items you really don’t need, with that cash better spent elsewhere.
Smart strategies to save money amid tariff uncertainty
Higher tariffs could put a strain on the family budget. Fortunately, there things you can do to stretch your dollars, including:
- Buying domestically produced goods
- Repairing instead of replacing big-ticket items, such as cars or appliances
- Comparing prices across several retailers
- Purchasing gently used clothing, electronics and furniture
- Choosing store-brand goods
- Using coupons (physical or digital)
- Downloading money-saving or budgeting apps, such as Capital One Shopping to find deals, or Fetch to earn rewards
- Signing up for store loyalty programs
You could also shop with a rewards credit card to earn points or cash back. Some cards feature a high reward rate when you use them in certain places, like the supermarket or office supply store. Others offer a steady return for all purchases.
You must pay your bill in full each month to make this strategy worth it. Otherwise, interest charges will wipe out the value of your rewards.
Remember: In times of economic uncertainty, you should double down on personal finance basics. If you stick to your budget, reduce non-essential spending, beef up your emergency fund, pay down debt and keep investing (if possible), you’ll likely come out of this situation alright (and potentially ahead).
Related content
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Laura has been a freelance writer since 2018. Her work primarily focuses on managing your money, navigating your career, and running a successful business. Her words have been featured in Yahoo Finance, US News & World Report, and many other publications. She earned her MBA and a Bachelor's in Psychology during her previous career in human resources.
-
Investing Abroad Could Pay Off — Here's How
Countries overseas are stimulating their economies, and their stocks are compelling bargains.
-
Retire in Belize for Stunning Natural Beauty and Culture
Belize offers miles of protected land and ocean, a rich mix of cultures and a chill lifestyle. Best yet — the income requirement is just $2K per month.
-
The Top Fourth of July Fireworks and Celebrations Across America
From Boston to San Diego, these iconic celebrations light up the sky — and the spirit of Independence Day.
-
My First $1 Million: Air Force Veteran, 68, Duluth, Ga.
Ever wonder how someone who's made a million dollars or more did it? Kiplinger's My First $1 Million series uncovers the answers.
-
Why Retirees Need a Budget, According to a New Retiree
A new retiree explains why retirees need a budget.
-
Your Home + Your IRA = Your Long-Term Care Solution
If you're worried that long-term care costs will drain your retirement savings, consider a personalized retirement plan that could solve your problem.
-
Last Call for Fortnite Refunds: Parents Can Still File a Claim
The FTC is sending out $126 million in refunds to families whose kids were charged for unwanted items in Fortnite — and there’s still time to file a claim.
-
How to Choose a Mortgage Lender in Five Steps
Not all lenders are created equal — here’s how to compare offers, rates and terms with confidence.
-
A Meteorite May Have Hit a Home in Georgia. Would Insurance Cover the Damage?
In a rare event, a meteorite may have crashed through the roof of a Georgia homeowner. Here’s what home insurance would cover.
-
My Car Was Stolen — Here’s What I Did and How You Can Protect Yourself
Don’t wait until it happens to you. Learn how to prepare for auto theft, protect your vehicle and respond quickly if your car is stolen.