Consumers may face higher prices from potential tariffs

Consumers may face higher prices due to new tariffs, especially on food. Retailers might absorb some costs, but shoppers should prepare for potential price increases. To manage expenses, experts suggest creating a budget, comparing prices, and seeking discounts. Using rewards credit cards and buying refurbished items can also help save money. Shoppers are advised to resist pressure to make large purchases early. Instead, they should monitor prices and buy only when necessary to avoid unnecessary spending.