Shopping spree? Consumers rush to buy goods ahead of Trump tariffs
President Trump's latest tariffs are expected to drive up prices, and some shoppers aren't waiting around, rushing to make purchases they fear will soon cost more.
Initial estimates suggest that new-vehicle sales surged at the end of March, driven by consumers jumping in before new tariffs pushed prices higher, according to Cox Automotive. The research firm said March could end up being the best month for sales volume in four years.
"In the short term at least, shoppers have embraced a 'better buy now' attitude, betting on higher prices later this year," Erin Keating, an executive analyst at Cox Automotive, wrote in an analysis.
Those fears are not entirely unfounded, with auto experts warning that Trump's tariffs, particularly the © The Hill
