Trump tariff news: Trump tariffs: Products that may disappear from US shelves, from gaming consoles to whiskey
Consumers may sometimes find that companies from Europe to Asia stop transporting cars to video game consoles in the United States, with no goods to pay for. This comes after Trump’s move last week to impose new tariffs on imports from about 60 countries, including China and the EU.
Here are some things that could be lost in U.S. stores as businesses weigh the additional tariff costs and reduce market exposure.
Please read also: Is Trump’s trade method effective? Finding the amazing strategies behind tariffs
Cars, SUVs
Audi suspended delivery to the United States and will temporarily hold goods at dealers on April 2. The luxury brand told the showroom to focus on selling existing stock of about 37,000 cars, which will last about two months, according to German media reports on Monday.
New Jaguar Land Rover could be difficult to achieve after British automakers say they will put exports on hold in April. Japan’s Nissan Motor Company said it will stop selling two Mexican-made Infiniti running vehicles in the U.S. market. Bloomberg News reports that Mercedes-Benz AG is considering withdrawing the cheapest cars from the U.S. as new taxes will make their sales financially unviable.Please read also: “I’m called worse”: Elon Musk
Game console
The exceeding expectations of import tax also prompted Japan’s Nintendo to delay booking its long-standing Switch Switch 2 console. While the June 5 release date remains the same, bookings for the device will not begin as originally planned on April 9. It said the company will announce a new date after evaluating the potential impact of tariffs and evolving market conditions.
Japanese whiskey
The award-winning Japanese whiskey may also dry in the United States if Suntory Holdings Ltd. decides to move its products to Japan and other Asian markets.
“If the prices of Hibiki and Yamazaki are too high for American consumers, we can choose to simply change the target market,” Sunlight President Nobuhiro Torii said in an interview. He noted that demand is still strong elsewhere, such as Asia and Japan.
