ilmscore | Trump’s Tariffs: Will Real Estate Take a Hit?

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Prediction
Topic
Status
Increased energy costs are probable in the short run due to tariffs.
"at least in the short run we're probably going to see increased energy costs"
Energy Costs
Pending
US steel and aluminum industries are predicted to immediately benefit from reduced competition due to tariffs.
"the big winners at least immediately are going to be us steel and aluminum Industries which are going to face less competition from cheap for steel from Mexico from Canada and from China as well"
US Industries
Pending
Steel and lumber prices are likely to increase over the coming weeks and months.
"both steel and lumber are likely to see some increases in prices over the coming weeks and months"
Construction Costs
Pending
Prices for appliances imported from China could increase by up to 10%.
"appliances that if you're buying that kind of stuff for your rental properties or your portfolio from China those could go up as much as 10% as well"
Appliance Prices
Pending
Energy costs are predicted to increase in the short term due to tariffs.
"at least in the short run we're probably going to see increased energy costs"
Energy Costs
Pending
Lumber prices are predicted to increase due to 25% tariffs on Canadian lumber.
"25% tariffs on that Lumber will probably increase lumber prices"
Lumber Prices
Pending
Prices for agricultural products (like avocados, beans, tomatoes), beer, and tequila imported from Mexico are predicted to increase if tariffs are implemented.
"if the tariffs go into place you'll probably see increases in prices there"
Groceries & Beverages
Pending
US steel and aluminum industries are predicted to immediately benefit from reduced competition due to tariffs on imports from Mexico, Canada, and China.
"the big winners at least immediately are going to be us steel and aluminum Industries which are going to face less competition from cheap for steel from Mexico from Canada and from China as well"
US Industries
Pending
Steel and lumber prices are likely to increase over the coming weeks and months.
"both steel and lumber are likely to see some increases in prices over the coming weeks and months"
Construction Costs
Pending
Prices for appliances imported from China could increase by up to 10%.
"if you're buying that kind of stuff for your rental properties or your portfolio from China those could go up as much as 10% as well"
Appliance Prices
Pending