May 2018 6
Trade War? 15 Things That Will Cost You More Under Trump’s Tariffs
President Donald Trump’s tariffs could tax your wallet even as they attempt to spur U.S. job growth.
In January, Trump announced tariffs on washing machines and solar panels.
Proposed are additional tariffs on 1,300 products — around $60 billion worth — imported from China. Trump says he wants to reduce the U.S. trade deficit with China, the difference between U.S. exports to and imports from that nation, which hit an all-time high of $375.2 billion in 2017. The proposal isn’t final, and Trump is considering tariffs on an additional $100 million worth of goods made in China.
Here’s a look at the 15 most likely tariff-driven price hikes to expect.
Emily Post is rolling over in her grave. According to a study conducted by Pew and Public Agenda, just 23 percent of Americans found that most people they encounter have what they would describe as “very good” manners. If you’re someone who wants to win friends and move up at the office, it would behoove you to improve.
“People like to be around people who show respect and courtesy for them,” says Patricia Napier-Fitzpatrick, founder and president of The Etiquette School of New York, who notes that etiquette can also increase confidence in social situations.
“The reason these rules were devised in the first place is to make people more comfortable. When you practice social etiquette, it’s easier to make friends and it shows you respect them.”So, how can we swing the pendulum back in favor of politeness? Start by ensuring you’re not making any of these social etiquette mistakes.
Myth: Buy everything in bulk
Think bigger is always better? You might want to think again. Check the unit prices before you buy: Items like cereal or frozen foods are sometimes cheaper in smaller quantities, according to Natasha Rachel Smith. Plus, you could waste a lot of food (and money!) if you don’t finish items before they spoil. To get the most bang for your buck, stick to healthy pantry staples or frozen goods that you often use, and make sure you can eat everything before it goes bad.
Popular among procrastinators
Managing your money can seem like a full-time job sometimes. Unfortunately, far too many of us aren’t doing very well at completing essential money tasks that should be on everyone’s to-do list. In fact, 7 in 10 Americans postpone making major financial decisions, according to research by Principal Financial Group and behavioral economist Dan Goldstein.
The research found 56% of Americans haven’t made any major financial decisions over the course of the past three years, which owes largely to the fact that less than a third of us report feeling confident enough to make important choices with their money.
So which financial decisions are Americans putting off, exactly?Let’s look at some of the top money matters Americans procrastinate on – and get some helpful advice on tackling these issues so you can take control over your finances.
What to look for in a credit card
The best credit cards offer lucrative rewards programs, concierge services, and other extra perks, but those incentives are far from common.In fact, there are thousands of credit cards on the market, and some of them are downright awful. If you’re looking for a new credit card, it’s important to do your research to make sure you get the right one.To help you save time, here are eight credit cards that you should avoid altogether.
Does money make you happy? The short answer is no. Researchers say the correlation between income and happiness is only modest, so there are clearly other factors at play. However, there is a relationship between how you spend money and happiness. If you know how to put your dollars to good use, you can boost your mood — regardless of how much money you’re making.