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Trump’s tariffs will cost every US household about $800 — and these everyday items will all cost more

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Prices are about to jump for a lot of consumer goods, thanks to President Donald Trump’s trade war with China.

The president has added a 25-percent tariff on another $200 billion worth of Chinese imports, and China responded with 25-percent duties on another $60 billion in American goods — and that will hit U.S. consumers as soon as this summer, reported NBC News.

Trump insists China will bear the brunt, but economic experts say he’s exactly wrong.

“The supply chain will try to absorb as much of the blow as they can, then they will move those costs forward to consumers,” said David French, senior vice president of government relations at the National Retail Federation.

Retailers are stockpiling merchandise in hopes of riding out a trade war, but those supplies will eventually run out — and consumers will pay more.

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Consumers are already paying up to 225 percent more for imported washing machines, thanks to tariffs imposed last year, and a report from Oxford Economics estimated that tariffs could cost every American household about $800.

Those costs will hit cleaning products, diapers, food, luggage and mattresses in about a month, and additional tariffs could raise costs on camping equipment, clothing, shoes and sporting goods.

Consumer electronics — including computers, TVs and video game consoles — will also get more expensive. A new iPhone could cost about $160 more, according to analysts.

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“If you were planning a large purchase six weeks from now, you may want to make that purchase today,” French said.


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‘Trump will be glued to the screen with an IV drip and a catheter’ when Mueller testifies: GOP strategist

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President Donald Trump will be glued to his television during former special counsel Robert Mueller's testimony before Congress, Republican strategist Rick Wilson predicted on Monday.

On Wednesday, Mueller is scheduled to appear before the House Judiciary Committee in the morning and then the House Intelligence Committee in the afternoon.

"This is also a moment where the preeminence of television in our political lives is going to come to the fore," Wilson said. "And Donald Trump knows this."

"That little nervous moment this morning, where 'I might watch a little' — no, Donald Trump will be glued to the screen with an IV drip and a catheter," Wilson predicted.

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Pence abruptly canceled trip because person he was meeting was about to be busted by the feds

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The White House abruptly canceled a planned trip to New Hampshire to prevent Vice President Mike Pence from being seen with somebody about to be busted for interstate drug trafficking of fentanyl, Politico reported Monday.

"Among the problems was a federal law enforcement probe involving individuals Pence would likely encounter, according to a law enforcement official briefed on the incident. If Pence stepped off the vice presidential aircraft, one of the people he would have seen on the ground was under investigation by the Drug Enforcement Administration for moving more than $100,000 of fentanyl from Massachusetts to New Hampshire," Politico reported.

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How Jeffrey Epstein was moving ‘a lot of dough’ in an investment fund run by an ex-girlfriend’s husband

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In a bizarre twist in the ongoing questions about where Jeffrey Epstein got his billions, Vanity Fair has details about a very close relationship he holds with the family of an ex-girlfriend.

Epstein once dated a former Miss Sweden for years, before she ultimately met her husband and had a family. Eva Andersson-Dubin, who is now a doctor, married billionaire founder of Highbridge Capital Management, Glenn Dubin. It's thought that's how Epstein was able to connect with Dubin's investments.

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