As the U.S. imposes sweeping new tariffs on imported goods, a wave of consumer anxiety has sparked a trend known as doom-buying—a behavior reminiscent of early pandemic stockpiling. Americans across the country are rushing to buy everyday essentials like coffee, olive oil, and laundry detergent before prices skyrocket.
But while pantry staples are flying off the shelves, experts say there’s one high-ticket item you should consider stockpiling now: a vehicle.
What’s Behind the Panic Buying?
The Biden administration recently enacted a universal 10% tariff on all foreign imports and a staggering 145% tariff on specific Chinese goods, including electric vehicles and advanced manufacturing products. These policies aim to boost domestic industry and reduce reliance on China, but they come at a cost—higher prices for consumers.
According to MarketWatch, the fear of rising costs is driving Americans to stockpile not just food and cleaning products, but also consider big-ticket purchases.
Why You Should Stockpile a Car?
Automobiles are particularly vulnerable to the new tariffs. Industry analysts warn that prices could rise by $3,500 to $15,000 per vehicle due to higher import costs on parts and completed cars. As a result, new car sales jumped 9% year-over-year in March, with many Americans attempting to lock in prices before hikes take effect.
“People are anticipating a substantial price increase on vehicles, so they’re making moves now,” said Michelle Krebs, an executive analyst at Cox Automotive. “Even if you weren’t planning on buying a car this year, it may make sense to do so sooner rather than later.”
Many automakers are currently absorbing some of the extra cost, but that relief is expected to be temporary. Once the full effect of the tariffs kicks in, consumers could face sticker shock across showrooms.
To understand more about U.S. import policies and tariff structures, visit the U.S. International Trade Commission (USITC) or the Office of the United States Trade Representative (USTR).
Other Items Worth Stockpiling
Aside from cars, here are the top categories expected to see significant price hikes due to the tariffs:
1. Pantry Staples
Imported grocery items are some of the first to reflect new costs. Products likely to see price spikes include:
- Coffee and tea
- Olive oil
- Canned fruits and vegetables
- Frozen fish
- Instant noodles and snack foods
- Soy sauce and garlic
A detailed list of expected food price increases can be found in this report by The Sun.
2. Cleaning and Personal Care Products
Consumers are also stocking up on:
- Laundry detergent
- Toilet paper
- Bar soap and shampoos
Since many of these products rely on imported raw materials or packaging, they are likely to become more expensive in the coming months.
3. Furniture and Home Goods
Items like beds, sofas, and dining tables often involve imported parts or are fully made abroad. Expect prices to rise across popular home furnishing retailers.
4. Appliances
Dishwashers, refrigerators, and washing machines are heavily reliant on imported components. Consumers could see substantial hikes in this category by summer.
5. Clothing and Footwear
With most garments and shoes manufactured in Asia, retailers are already warning of upcoming price adjustments.
6. Office and School Supplies
Paper products, pens, and notebooks are also set to become more expensive, with potential increases around 10%.
For a full list of products and trade classifications, visit the U.S. Customs and Border Protection (CBP).
Should You Panic?
Experts advise a measured approach to preparing for the economic impact of tariffs. While stockpiling some non-perishables and considering big-ticket items like a car makes sense, hoarding out of fear can be counterproductive.
Instead, consider:
- Prioritizing essentials you use frequently
- Looking for U.S.-made alternatives
- Keeping an emergency savings buffer
- Monitoring official tariff announcements through government channels
Final Thoughts
As the global trade landscape shifts, Americans are feeling the pinch at checkout counters—and reacting by stockpiling. While coffee, soap, and olive oil are front-line items, a vehicle may be the smartest preemptive purchase for those able to afford it. With car prices poised to rise sharply, early buying could offer significant savings in the long run.
The best advice? Stay informed, shop smart, and prepare—not panic.
