If you’re planning significant purchases this year, now might be an opportune time to act. President Donald Trump is expected to announce plans to impose a 25% tariff on goods from Canada and Mexico starting March 1, 2025, with potential tariffs on imports from other countries, including China, under consideration. These measures could lead to increased prices on imported goods, especially big-ticket items. While the exact details and timeline remain uncertain, being proactive can help you save money.
The threat of tariffs adding to inflation is not good news for consumers. At the Federal Reserve’s most recent meeting in January 2025, interest rates were held steady after reports of inflation not lowering as expected. This is disappointing because in December 2024 the Federal Reserve interest rates were lowered by 0.25% after seeing signs of inflation lowering. It’s enough to make your head spin!
To help you plan (and save) we’ve compiled a list of some key product categories to consider buying and current top deals you can get before potential price hikes take effect. We’ve also included tips to help save should prices rise. Rest assured we are dedicated to helping you find all ways to save, no matter what tariffs potentially bring.
Table of Contents
Smartphones, including popular models like iPhones, are often manufactured overseas. Tariffs could lead to higher prices for these devices, so if you’re due for an upgrade, consider making the purchase sooner rather than later.
Current deal: Get up to $1000 off with trade-in and unlimited plan at AT&T.
Price: $33.34/mo at AT&T
Current deal: Get $300 off Google Pixel 9 now, plus $499 back over 24 monthly bill credits for new Google Fi customers. In order to receive the $499 rebate you must activate the phone on a full service plan within 30 days of the shipment confirmation. Offer is available until April 1, 2025.
Price: $300 off now + $499 back over 24 monthly credits (orig. price $799) at Google Fi
Current deal: Pre-order the new Samsung Galaxy S25 series starting at $299.99 with a qualifying trade-in. Get up to a $200 Best Buy e-Gift card with select models.
Price: 128GB starting at $699.00 at Best Buy
Electronics like laptops and tablets are frequently imported and could be subject to increased costs. Whether you’re shopping for work, school, or personal use, it’s smart to buy now before tariffs potentially raise prices.
Current deal: Limited time deal of 17% off list price at Amazon.
Price: $1,299.99 with $99.01 coupon applied (was $1.499.00) at Amazon
Current deal: 9% off list price at Amazon.
Price: $244.99 (was $269.99) at Amazon
Small and large kitchen appliances—from coffee makers to refrigerators—may see price increases if tariffs are implemented. If you’re planning a kitchen upgrade or need a replacement, take advantage of current pricing.
Current deal: Save $30 during Target’s sale. Plus, you can get 2% cash back with RetailMeNot.
Price: $199.99 (was $229.99) at Target
Current deal: Save $20.01 online on this best selling coffee maker at Walmart. Plus get 3% cash back with RetailMeNot.
Price: $99.00 (was $119.00) at Walmart
Current deal: Instantly save $400 on select appliances when you buy two or more at Home Depot. Deals can be found on GE, Samsung, Frigidaire and more. Plus you can get 1% cash back from RetailMeNot.
Price: varies per model/brand.
From gaming consoles to accessories like controllers and headsets, many of these items are imported. Gamers might want to invest in the gear they’ve been eyeing now to avoid higher costs later.
Current deal: Save $14.50 at Walmart. Plus get 3% cash back with RetailMeNot.
Price: $45.49 (was $59.99) at Walmart
Current deal: Save 33% on this popular brand now at Amazon.
Price: $39.99 (was $59.99) at Amazon
Toys are a staple for birthdays and holidays, and most are manufactured in China. Consider stocking up on gifts for upcoming celebrations to avoid paying more down the line.
Current deal: Select toys are on sale now at Target, this toy is 55% off right now. Plus, you can get 2% cash back with RetailMeNot.
Price: $39.99 (was $88.99) at Target
Current deal: Get 40% off select toys at Wayfair.
Price: $113.34 (was $189.99) at Wayfair
Footwear is another category likely to be impacted by tariffs. If you’ve been meaning to replace worn-out shoes or expand your collection, now is a good time to shop.
Current deal: 39% off sale at Nike. Plus get 5% cash back from RetailMeNot.
Price: $69.97 (was $115) at Nike
Current deal: Markdown prices across select styles at HOKA. Plus get 4% cash back from RetailMeNot.
Price: $111.99 (was $140.00) at HOKA
Clothing prices may also rise with the implementation of tariffs. Refresh your wardrobe or shop for seasonal items while prices remain steady.
Current deal: Limited time 15% off almost everything at Abercrombie.com
Price: $59.50 (was $70) at Abercrombie.com
Current deal: Check out Final Sale items for prices more than 50% off. Members can return for in-store credit only.
Price: $29 (was $68.00) at lululemon.com
Furniture and home decor are often imported and could see significant price increases. If you’re redecorating or moving, consider purchasing these items before tariffs take effect.
Current deal: Shop Ashley‘s Presidents Day Sale Unbeatable Hot Buys.
Price: $699.00 (was $1,099.99) at Ashleyfurniture.com
Current deal: IKEA Family and Business Network members save 15% on mattresses and bedding essentials through February 18.
Price: 15% off – Pricing varies at IKEA
While it’s uncertain exactly how these proposed tariffs will play out, it’s clear that changes are coming. If you are able to shop for deals now, it may be wise to make purchases sooner while prices are still stable. Should prices go up, check out some of our top tips to help you save. Being prepared and informed can help you navigate potential changes in the market and avoid higher costs.
The post What to Buy NOW In Case Trump’s Tariffs Raise Prices on Imports appeared first on The Real Deal by RetailMeNot.
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