iPhones, makeup, and pet food: Americans stock up on items considered essential — and cut back on others

Source: Business Insider

President Donald Trump's announcement of new tariffs is pushing some consumers to stock up on go-to items or cut back on spending on things they now consider a luxury. d3sign/Getty ImagesSome Americans are stockpiling essentials and other items after Trump announced a set of widespread tariffs. Americans told BI they're buying makeup, skincare goods, pet food, spices, and meat.

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