April 7, 2025 • 8 mins
Yes, there are many items that it does make sense to be buying now
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Brian Mudshow podcast is driven by Brayman Motor Cars.
My family is a Brayman Motor Cars family. Your family
should be to visit Braymanmotorcars dot com.
Speaker 2 (00:13):
You have questions, Brian has answers. It's time for today's
Q and A of today. This is the Brian mud Show. Yeah,
today's Q and A.
Speaker 1 (00:22):
Sou Hey, what should you be buying right now?
Speaker 2 (00:25):
Walk into this.
Speaker 1 (00:26):
This is brought to you by Melissa and Ashes check
Mark Collections. Each day I feature a listener question sent
by one of these methods. You may email me Brian
Mud at iHeartMedia dot com, hit me up on social
at Brian mud Radio. You may also use the iHeartRadio
talk back feature. Just go to wj and O or
Vero Patriot inside of the iHeartRadio app when you get there.
(00:49):
Would love it if you would make us your number
one preset that way, we're right there, easy to get
to listen for free HD quality anytime. And for that
same reason, go ahead and make my podcast to Brian
Mudshow Podcast your number two.
Speaker 2 (01:00):
Never missed any content.
Speaker 1 (01:02):
And then when you've done all these wonderful things, look
for the little microphone button you see you see it,
you tap it.
Speaker 2 (01:08):
You can lay the message right there.
Speaker 1 (01:10):
It might just be how you're feeling about the tariffs,
or what your thoughts are on any particular thing going
on right now. And you could also leave something perhaps
for a future Q and A. Today's note is this
at Brian Mudradio. With the tariffs set to hit, are
the things you think we should be buying right now?
Speaker 3 (01:29):
I hope it is agreed that both Europe and the
United States should move iteally in my view, to a
zero tariff situation, effectively creating a free trade zone between
Europe and North America.
Speaker 1 (01:42):
Yeah, and that, of course, Elon Musk over the week
and said, hey, you know what, the ideal thing here,
no tariffs anywhere, but we're a long way from that.
And you had a lot of people that were hoping
that over the weekend there'd be some deals that'd be
struck or warn't any and President Trump mentioned, hey, until
we have worked out the deficit issue, we're not going
(02:02):
to take these tariffs away. Now, this this question is
a good one. You're right to wonder about smart buys
with the tariffs looming. There is a big catch. Don't
go into debt buying stuff I'll explain. So the weekend
kind of gave markets a breather, and then we saw
(02:23):
a panic sellings head and again it call them some
global tensions, but then they ratcheted it back up again.
They let businesses take a hard look at their inventories.
You got all these things going Your question, though, what
should I prioritize is exactly the kind of proactive thinking
(02:44):
that can save you money right now. So let's dive
into where the opportunities lie. First, quick hits up. Did
you note that the terriffs that Trump announced the Liberation
Day tariffs last Wednesday?
Speaker 2 (02:56):
Did you know they're not an effect ten? I know,
surprise for you, Rachel.
Speaker 4 (03:01):
Yeah, I pretty much assumed based on the coverage that
it was going into effect immediately.
Speaker 1 (03:06):
Yeah, so they haven't hit yet Wednesday. They don't kick
in until Wednesday. And so this means that anything you're
going to the store and buying today dodges any price
bumps that are tied to imported goods. And it is
a good moment to kind of stock up on some essentials,
not in a hoarding frenzy, but strategically. Okay, so what
is worth focusing on now? If your mind is I
(03:32):
don't know, like in Beavi's territory or pandemic territory, like
you think, oh my gosh, I'm getting scared. I'm going
to go grab some toilet paper. Do we ever figure
out what the psychological thing was. It's weird about paper.
That is always the very first thing, right, it was
certainly during the pandemic. I'm not sure if we ever
got to the bottom of that.
Speaker 2 (03:50):
I think it's just an irrational fear of.
Speaker 1 (03:53):
But but regardless, not only do you not have to
worry about shortages of toilet paper. Only about ten percent
of US TP comes from outside of what we produced domestically.
The other ten percent pretty much comes from Canada, and
that virtually is you know, handled in other states in ours,
(04:14):
so your domestic tepe supply will be untariffed.
Speaker 2 (04:18):
Now. Food is also not a major worry.
Speaker 1 (04:22):
You know Joel he always likes talking about, you know,
particular products from Mexico.
Speaker 4 (04:26):
We're talking about avocados from Mexico.
Speaker 2 (04:29):
Have you had any, by the way, you eata.
Speaker 4 (04:31):
I don't eat avocados just based on the look at them.
They look creepy to me. I won't I won't try them.
Speaker 1 (04:37):
Have you ever tried in avocado. No, you never had
guacam only. No, it's amazing. It just looks gross. It's
one of my favorite foods. It's just unreal. I know
you're a special person. Yes, you can get avocados domestically too.
And this is kind of the point. Only about twenty
to thirty percent of what we eat is imported, so
(04:57):
food's not going to be a huge, huge thing now.
Speaker 2 (05:01):
Where you should zero in.
Speaker 1 (05:02):
There are three categories in particular, appliances, clothing, and electronics. Appliances, clothing, electronics.
Why well, because up to ninety percent of the goods
sold in the US, and those three categories are made
over states are imported from overseas, and since appliances and
electronics often come with HEPSI er price tags, it's especially
(05:25):
savvy to ground them now if they're on your list.
And then there is a big one that we mentioned before.
I talked about this last week because the one tariff
that did hit already was the automotive tariff that hit
on Thursday. The automotive tariff might be active, but you
still have a window of opportunity right now before prices
would be impacted by those tariffs. Now last week vehicle inventory.
(05:53):
So this was as of Friday, vehicle inventories averaged ninety
six days across brands, all right. So in normal times,
that's about three months before tariff's fully hit prices, all right.
So any vehicle you're going to a dealership and buying
today has not been impacted by tariffs, by the way.
Speaker 2 (06:12):
I did have reports.
Speaker 1 (06:13):
There's some people that are like, hey, you know, I
went to a car dealership and they're already saying that
the prices are going up next week.
Speaker 2 (06:20):
If you hear that from somebody, they're lying to you.
Speaker 1 (06:23):
They either don't know what they either don't know what
it's a sales tactic and they're either lying or they
don't know what they're talking about.
Speaker 2 (06:30):
There is a single car.
Speaker 1 (06:31):
Unless you are special ordering a car that is an import,
you will not be paying this week, next week, the
week after that for tariffs, you will not. So that's
also important to know when you're going to dealerships if
you're dealing with some people that are not necessarily so
scrupulous or honest. Now, what you don't want to be
(06:55):
doing is obviously panic buying anything, but especially a car.
If you were already eyeing a new vehicle this year,
though it is a good idea to kind of prioritize
it sooner rather than later to get around those tariffs.
And the one thing to be mindful of as well
is you could see some highly unusual activity around certain brands.
For example, over the weekend, Jaguar land Rover announce that
(07:18):
they are pausing all US deliveries for one month at
a minimum due to tariffs. So I wouldn't be surprised
if you don't see some people are like, hey, you know,
I was thinking about a land Rover.
Speaker 2 (07:29):
I'm going to go buy one today.
Speaker 1 (07:30):
And so you could see those inventories clear out quicker
than we would ordinarily see. So you know, you can
be mindful of those specific situations. But the one thing
that I stress before still stands only by tariff affected
items if you can pay without debt, with cars being
the exception. Credit card aprs are averaging twenty percent, while
(07:52):
tariffs are likely to raise prices by less than ten
percent unimpacted goods, so the math doesn't favor borrowing to
try to beat tariffs.
Speaker 2 (08:01):
That's a losing philosophy.
Speaker 1 (08:03):
And just to put your mind at ease a bit, no, no, no, no,
we are not going to be facing massive supply shortages of.
Speaker 2 (08:11):
Anything, not just the TP, not just the TP.
Speaker 1 (08:14):
So here's to making some smart choices and hopefully this
was helpful for you
The Brian Mudshow podcast is driven by Brayman Motor Cars.
My family is a Brayman Motor Cars family. Your family
should be to visit Braymanmotorcars dot com.
Speaker 2 (00:13):
You have questions, Brian has answers. It's time for today's
Q and A of today. This is the Brian mud Show. Yeah,
today's Q and A.
Speaker 1 (00:22):
Sou Hey, what should you be buying right now?
Speaker 2 (00:25):
Walk into this.
Speaker 1 (00:26):
This is brought to you by Melissa and Ashes check
Mark Collections. Each day I feature a listener question sent
by one of these methods. You may email me Brian
Mud at iHeartMedia dot com, hit me up on social
at Brian mud Radio. You may also use the iHeartRadio
talk back feature. Just go to wj and O or
Vero Patriot inside of the iHeartRadio app when you get there.
(00:49):
Would love it if you would make us your number
one preset that way, we're right there, easy to get
to listen for free HD quality anytime. And for that
same reason, go ahead and make my podcast to Brian
Mudshow Podcast your number two.
Speaker 2 (01:00):
Never missed any content.
Speaker 1 (01:02):
And then when you've done all these wonderful things, look
for the little microphone button you see you see it,
you tap it.
Speaker 2 (01:08):
You can lay the message right there.
Speaker 1 (01:10):
It might just be how you're feeling about the tariffs,
or what your thoughts are on any particular thing going
on right now. And you could also leave something perhaps
for a future Q and A. Today's note is this
at Brian Mudradio. With the tariffs set to hit, are
the things you think we should be buying right now?
Speaker 3 (01:29):
I hope it is agreed that both Europe and the
United States should move iteally in my view, to a
zero tariff situation, effectively creating a free trade zone between
Europe and North America.
Speaker 1 (01:42):
Yeah, and that, of course, Elon Musk over the week
and said, hey, you know what, the ideal thing here,
no tariffs anywhere, but we're a long way from that.
And you had a lot of people that were hoping
that over the weekend there'd be some deals that'd be
struck or warn't any and President Trump mentioned, hey, until
we have worked out the deficit issue, we're not going
(02:02):
to take these tariffs away. Now, this this question is
a good one. You're right to wonder about smart buys
with the tariffs looming. There is a big catch. Don't
go into debt buying stuff I'll explain. So the weekend
kind of gave markets a breather, and then we saw
(02:23):
a panic sellings head and again it call them some
global tensions, but then they ratcheted it back up again.
They let businesses take a hard look at their inventories.
You got all these things going Your question, though, what
should I prioritize is exactly the kind of proactive thinking
(02:44):
that can save you money right now. So let's dive
into where the opportunities lie. First, quick hits up. Did
you note that the terriffs that Trump announced the Liberation
Day tariffs last Wednesday?
Speaker 2 (02:56):
Did you know they're not an effect ten? I know,
surprise for you, Rachel.
Speaker 4 (03:01):
Yeah, I pretty much assumed based on the coverage that
it was going into effect immediately.
Speaker 1 (03:06):
Yeah, so they haven't hit yet Wednesday. They don't kick
in until Wednesday. And so this means that anything you're
going to the store and buying today dodges any price
bumps that are tied to imported goods. And it is
a good moment to kind of stock up on some essentials,
not in a hoarding frenzy, but strategically. Okay, so what
is worth focusing on now? If your mind is I
(03:32):
don't know, like in Beavi's territory or pandemic territory, like
you think, oh my gosh, I'm getting scared. I'm going
to go grab some toilet paper. Do we ever figure
out what the psychological thing was. It's weird about paper.
That is always the very first thing, right, it was
certainly during the pandemic. I'm not sure if we ever
got to the bottom of that.
Speaker 2 (03:50):
I think it's just an irrational fear of.
Speaker 1 (03:53):
But but regardless, not only do you not have to
worry about shortages of toilet paper. Only about ten percent
of US TP comes from outside of what we produced domestically.
The other ten percent pretty much comes from Canada, and
that virtually is you know, handled in other states in ours,
(04:14):
so your domestic tepe supply will be untariffed.
Speaker 2 (04:18):
Now. Food is also not a major worry.
Speaker 1 (04:22):
You know Joel he always likes talking about, you know,
particular products from Mexico.
Speaker 4 (04:26):
We're talking about avocados from Mexico.
Speaker 2 (04:29):
Have you had any, by the way, you eata.
Speaker 4 (04:31):
I don't eat avocados just based on the look at them.
They look creepy to me. I won't I won't try them.
Speaker 1 (04:37):
Have you ever tried in avocado. No, you never had
guacam only. No, it's amazing. It just looks gross. It's
one of my favorite foods. It's just unreal. I know
you're a special person. Yes, you can get avocados domestically too.
And this is kind of the point. Only about twenty
to thirty percent of what we eat is imported, so
(04:57):
food's not going to be a huge, huge thing now.
Speaker 2 (05:01):
Where you should zero in.
Speaker 1 (05:02):
There are three categories in particular, appliances, clothing, and electronics. Appliances, clothing, electronics.
Why well, because up to ninety percent of the goods
sold in the US, and those three categories are made
over states are imported from overseas, and since appliances and
electronics often come with HEPSI er price tags, it's especially
(05:25):
savvy to ground them now if they're on your list.
And then there is a big one that we mentioned before.
I talked about this last week because the one tariff
that did hit already was the automotive tariff that hit
on Thursday. The automotive tariff might be active, but you
still have a window of opportunity right now before prices
would be impacted by those tariffs. Now last week vehicle inventory.
(05:53):
So this was as of Friday, vehicle inventories averaged ninety
six days across brands, all right. So in normal times,
that's about three months before tariff's fully hit prices, all right.
So any vehicle you're going to a dealership and buying
today has not been impacted by tariffs, by the way.
Speaker 2 (06:12):
I did have reports.
Speaker 1 (06:13):
There's some people that are like, hey, you know, I
went to a car dealership and they're already saying that
the prices are going up next week.
Speaker 2 (06:20):
If you hear that from somebody, they're lying to you.
Speaker 1 (06:23):
They either don't know what they either don't know what
it's a sales tactic and they're either lying or they
don't know what they're talking about.
Speaker 2 (06:30):
There is a single car.
Speaker 1 (06:31):
Unless you are special ordering a car that is an import,
you will not be paying this week, next week, the
week after that for tariffs, you will not. So that's
also important to know when you're going to dealerships if
you're dealing with some people that are not necessarily so
scrupulous or honest. Now, what you don't want to be
(06:55):
doing is obviously panic buying anything, but especially a car.
If you were already eyeing a new vehicle this year,
though it is a good idea to kind of prioritize
it sooner rather than later to get around those tariffs.
And the one thing to be mindful of as well
is you could see some highly unusual activity around certain brands.
For example, over the weekend, Jaguar land Rover announce that
(07:18):
they are pausing all US deliveries for one month at
a minimum due to tariffs. So I wouldn't be surprised
if you don't see some people are like, hey, you know,
I was thinking about a land Rover.
Speaker 2 (07:29):
I'm going to go buy one today.
Speaker 1 (07:30):
And so you could see those inventories clear out quicker
than we would ordinarily see. So you know, you can
be mindful of those specific situations. But the one thing
that I stress before still stands only by tariff affected
items if you can pay without debt, with cars being
the exception. Credit card aprs are averaging twenty percent, while
(07:52):
tariffs are likely to raise prices by less than ten
percent unimpacted goods, so the math doesn't favor borrowing to
try to beat tariffs.
Speaker 2 (08:01):
That's a losing philosophy.
Speaker 1 (08:03):
And just to put your mind at ease a bit, no, no, no, no,
we are not going to be facing massive supply shortages of.
Speaker 2 (08:11):
Anything, not just the TP, not just the TP.
Speaker 1 (08:14):
So here's to making some smart choices and hopefully this
was helpful for you
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