Society
Fear Over Trump Tariffs Sending Americans Into Debt, Study Shows
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One in three Americans are stockpiling daily necessities like toilet paper and non-perishable food out of fear that President-elect Donald Trump’s pledge to add tariffs to imported goods will lead to higher prices, according to a new survey.
Some 34% of respondents said they are stockpiling items because they are “fearful or uncertain about the future,” according to a December report from CreditCards.com, which publishes information on credit cards and financial literacy. The organization in late November surveyed 2,000 US residents.