Trump’s tariffs and the financial impact on women

[UNITED STATES] As former President Donald Trump’s administration prepares to reinstate tariffs on a range of goods from China, analysts are warning that women, particularly those in low- to middle-income brackets, could face a disproportionate financial burden. The tariffs, aimed at curbing China’s trade practices, could significantly increase the cost of everyday products women frequently purchase, including clothing, personal care items, and household goods.

Background on Tariffs and Women’s Spending

In the coming months, Trump’s tariffs are expected to target over $300 billion worth of imports from China, impacting a wide range of consumer goods. While the decision to impose these tariffs is primarily framed as a political and economic maneuver to address what the administration calls unfair trade practices, the effects are likely to ripple through the everyday lives of millions of women across the United States.

Experts emphasize that women are particularly vulnerable to the effects of tariffs due to their greater involvement in household purchasing decisions. According to the U.S. Bureau of Labor Statistics, women are responsible for about 80% of consumer spending in households. With this in mind, the financial impact could be felt in several key areas.

Higher Costs for Everyday Items

The new tariffs are set to impact a variety of consumer products commonly purchased by women. Clothing and apparel are among the hardest-hit categories, as a significant portion of these items are produced in China. According to the National Retail Federation (NRF), U.S. clothing retailers are expected to see price increases of up to 25% due to the tariffs.

"Women will likely face higher prices on clothing and other fashion items they buy regularly," said David French, Senior Vice President of Government Relations at NRF. "Retailers will have no choice but to pass these added costs onto consumers."

Personal care products, which women also spend a significant amount on annually, could also become more expensive. Many popular cosmetics and skincare brands rely on Chinese-made ingredients or packaging materials, and these products are also subject to the new tariffs. This could result in increased prices at the checkout counter for everyday beauty and wellness items, from face creams to hair care products.

Impact on Household Goods and Children’s Products

Women are also the primary purchasers of household goods, including cleaning supplies, kitchenware, and other items critical to daily life. As manufacturers face higher production costs, these price hikes could extend to essentials many women use regularly.

Parents will also feel the pressure. Many children’s products, from toys to clothing, are manufactured in China. With the new tariffs in place, parents may face increased prices for these items, placing an additional strain on family budgets. According to a report from the Consumer Technology Association, tech gadgets such as smartphones and laptops, which are increasingly used by children for education, may also see a price hike due to the new tariffs.

“Families will feel these price increases most acutely when it comes to the everyday items that are part of their regular spending,” said Heather Boushey, economist and president of the Washington Center for Equitable Growth. “For many women, particularly single mothers or low-income households, every dollar counts.”

Wage Gaps and Disproportionate Effects

While women are anticipated to bear the brunt of the price hikes from these tariffs, the issue is compounded by ongoing wage disparities. According to the U.S. Census Bureau, women in the United States earn, on average, 82 cents for every dollar earned by men. When combined with higher living expenses, this wage gap means that women may have less purchasing power to absorb the rising costs of goods.

"The wage gap and the rising cost of living create a double burden for women, especially those in lower-income households," said Dr. Julie Gunlock, Director of the Center for Progress and Innovation. "In essence, women are getting squeezed from both sides—both in terms of income and in terms of higher expenses."

Political and Economic Backlash

The renewed tariff strategy has been controversial among economists and political leaders alike. Critics argue that the tariffs could lead to higher inflation, slowing down the broader economy. A report by the Congressional Budget Office (CBO) indicates that the tariffs could shave off up to 0.1% from U.S. GDP in the coming years, potentially leading to slower job growth and higher prices for consumers.

"This isn't just a tax on imports; it's a tax on American families," said Senator Ron Wyden (D-Oregon), one of the critics of Trump’s tariff approach. “The biggest burden will fall on the most vulnerable groups, including women.”

On the other hand, proponents of the tariffs argue that the trade strategy is necessary to address China’s intellectual property theft and unfair trade practices. They argue that these tariffs could help to rebalance the global trading system and reduce reliance on Chinese-made products.

What Can Be Done to Mitigate the Impact?

As women face the prospect of higher prices, experts suggest several potential solutions to ease the financial burden. Some advocate for targeted government intervention to help offset the costs, such as direct cash assistance or expanded tax credits for families. Others argue that businesses should look for alternatives to sourcing goods from China, particularly as the global economy evolves post-pandemic.

“Long-term, it’s essential that policymakers address both the root causes of trade imbalances and the immediate challenges that women face as consumers,” said Boushey. "The solution isn’t just about imposing tariffs—it’s about creating a fairer and more equitable economy that supports all workers."

For now, women across the U.S. may need to adjust their spending habits, searching for alternatives to impacted products or negotiating for higher wages to cope with rising costs.

As the impact of Trump’s new tariffs becomes clearer, women are likely to feel a significant pinch in their wallets. With increased prices on everything from clothing to household goods, the burden may fall hardest on those already facing wage disparities. While the long-term benefits of these tariffs remain uncertain, the immediate effect on women’s spending power is clear. With inflation already a concern, many women may be forced to make tough choices when it comes to their purchasing decisions. How policymakers respond in the coming months could have lasting implications for women’s financial wellbeing.