President Donald Trump’s tariffs initiative has left millions of Americans wondering how it will affect them. In the mountains of North Carolina, some people are already feeling the effects, while others remain unchanged.
Investors like Ray Templeton are concerned about the uncertainty, as he prepares to retire at 64. “I don’t want to live in fear of market fluctuations,” he said. His wife, Nataliya Esworthy, also lost $2,500 in stock investments within 12 hours, making it difficult for them to make long-term plans.
Business owners are also feeling the impact. Nathan Wardell, operating partner at The Bier Garden, explained that tariffs have already caused a rise in prices for imported products, including produce and citrus from Canada and Mexico.
“It’s hitting sooner rather than later,” Wardell said. Local real estate agent Matt Papas warned of rising lumber and loan prices, affecting his clients’ plans.
While some people are uncertain about the future, others are choosing to adapt. Asheville resident Sebastian Noguera believes that uncertainty is a part of life and should not be let it dictate one’s actions. “We’re not betting against the U.S., we’re betting against the leadership,” Noguera said.
As Americans, they must be patient and adjust to the changes brought by tariffs. According to Templeton, “This too will pass.” The key is to stay optimistic and focused on long-term goals, rather than being swayed by short-term market fluctuations.
Source: https://wlos.com/news/local/residents-president-donald-trump-new-tariffs-impact-varies-asheville-north-carolina-politics-money-stock-market-tax