Consumers are also likely to feel the pinch of tariffs in home buying, Breyault said. The new taxes on building materials are estimated to increase the average costs of a new home by $9,200, according to an analysis by the
will be easier for those with larger salaries to absorb.“That tax is more severe for people who earn less money,” said Chatterjee. “So it’s a regressive tax.”
Beyond more immediate price pressures, experts also warn that tariffs could contribute to unemployment or lower incomes down the road. Trump has argued that tariffs will bring manufacturing back to the U.S., but if businesses take profit hits or change their supply sources, there could be layoffs worldwide.Cargo containers line a shipping terminal at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. (AP Photo/Noah Berger)Cargo containers line a shipping terminal at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. (AP Photo/Noah Berger)
“It’s not just the price aspect and purchasing power decreasing,” said Flores-Macías. “As tariffs start to work their way through the economy .... low-income families’ jobs often will be the first to go. And those sectors of the population are most vulnerable.”Economist Susan Helper, former senior adviser for industrial strategy at the White House Office of Management and Budget, said that there are some cases where tariffs could raise wages, but this doesn’t look likely to be one of them.
“There isn’t enough certainty for businesses to invest and create new and better jobs,” she said. “It takes a few years at minimum to profit off a new facility or factory, and I don’t think people have the confidence that the tariffs will be stable enough that they will have a return on that investment.”
announced by Trump Wednesday, on top of other levies that are already in effect, tax imports fromThis 2007 image provided by Bugwood.org shows an Amelanchier laevis Allegheny serviceberry tree. (Richard Webb/Bugwood.org via AP)
This tree has similar attributes, minus the gray bark, and grows to 15-to-20-feet tall. The Eastern North American native is often found in swampy areas, but can tolerate somewhat sunnier and drier sites than the Allegheny species. Hardy in zones 4-7.Reaches heights of 15-25 feet, and is notable for its large berries and sun tolerance, although it will also thrive in shade. Its native range spans from Eastern North America west to Quebec and Nebraska. Hardy in zones 4-9.
Among the most drought-tolerant of the bunch. Native from Montana south to Texas and west to the Pacific Coast, it reaches 6-15 feet tall and displays yellow fall foliage. Hardy in zones 5-8.Multi-stemmed, shrubby varieties can be trained to grow as trees by pruning away all but one (preferably straight) central trunk when the plants are young. All varieties tend to sucker (sending up small shoots), some more than others; leave them be to grow a shrubby screen or cut them at ground level as needed (once or twice annually) to maintain a tidier appearance.