US President Donald Trump’s latest tariffs on imports are set to make a range of products more expensive for American consumers. The taxes, which will come into effect next week, will increase costs for electronics, clothing, watches, shoes, and alcohol, among other goods.
The top countries for imported electronics, including computers from China and Vietnam, will face higher tariffs, with prices expected to rise by 5-18% in the short term. Clothing imports from countries such as China, Vietnam, and India will also become more expensive, leading to price increases of up to 37.5%. Wristwatches from Switzerland may see prices rise by 39%, while shoes from China, Vietnam, and Indonesia could increase by 19%.
Tariffs on imported wine and spirits from the European Union are set to double from 10% to 15%, and furniture imports from Vietnam will become more expensive. The tariffs also affect toys shipped from China and Vietnam.
Many businesses have stockpiled goods in anticipation of these increased costs, and economists warn that it may take eight months for prices to fully adjust to the new tariffs.
Source: https://edition.cnn.com/2025/08/01/economy/tariff-more-expensive