\t\t\t\t\t\tPORTSMOUTH, N.H. \u2014 \t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n
Costs are rising in the Northeast for groceries, housing and fuel, and analysts say tariffs are partially to blame.<\/p>\n
A recent report from the Bureau of Labor Statistics shows that prices are rising, and one New Hampshire man found that navigating tariffs can be tricky.<\/p>\n
Carl Johnson, of Chichester, has spent his time since retiring fixing up cars. But he said he was shocked recently when the parts he ordered came with a huge price tag after the purchase.<\/p>\n
Johnson is currently restoring 1969 Triumph. Because it’s an English car, most of the parts come from overseas.<\/p>\n
>> Download the free WMUR app to get updates on the go: Apple<\/a> | Google Play<\/a> <<<\/p>\n Last month, Johnson was looking around for wire wheels and found that even with 10% tariffs, the United Kingdom was still the best source for the parts.<\/p>\n “So when I got the email, it said it was $2,300,” he said. “I was like, what’s going on here?”<\/p>\n UPS, which was the importer for the parts, sent Johnson a shipping bill that was nearly the entire cost of the purchase. It turns out that even though he was buying from a British company, the parts were manufactured in other countries that are dealing with higher U.S. tariffs.<\/p>\n “I figured maybe it was going to be 25% if I miscalculated or didn’t understand the tariffs completely, but I was completely baffled,” Johnson said.<\/p>\n Michael Armstrong, of Armstrong Advisory Group, said the web of tariffs is posing a challenge for anyone who ships internationally.<\/p>\n “I think it is incredibly tricky, especially for somebody that is in an individual situation,” he said. “Businesses are investing a lot of money to figure this out. But even for them, it’s very complex.”<\/p>\n Armstrong said tariffs are having an impact on nearly every American. They’re considered a leading cause of inflation, which is up compared to last year, affecting housing, grocery and fuel costs.<\/p>\n “We all have these different benchmarks for things, but when you poll Americans, they are not happy about where prices are going,” Armstrong said.<\/p>\n Johnson said something has to be done to make the process easier on individual consumers, and prices should be clearly marked at the time of purchase.<\/p>\n “If you’re Joe Schmo fixing up your car in your garage and you have to order something like that, you’re going to have a heck of a shock,” he said.<\/p>\n Johnson said he’s talking with his client to see how they want to move forward and pay the bill and get the parts, which are sitting at a port of entry in Pennsylvania. If they’re sent back, that will cost hundreds of dollars more, Johnson said.<\/p>\n","protected":false},"excerpt":{"rendered":"PORTSMOUTH, N.H. \u2014 Costs are rising in the Northeast for groceries, housing and fuel, and analysts say tariffs…\n","protected":false},"author":2,"featured_media":150820,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[6479,14761,45687,28,6906,93025,101,41550,3262,25138,42008,2053,2402,45688,2804,93027,14797,19857,93026,759],"class_list":["post-150819","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-tariff","tag-analyst","tag-bureau","tag-business","tag-car","tag-carl-johnson","tag-economy","tag-fuel","tag-good","tag-grocery","tag-high-price","tag-housing","tag-inflation","tag-labor-statistics","tag-new-hampshire","tag-northeast","tag-part","tag-purchase","tag-sticker-shock","tag-tariffs"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/150819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=150819"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/150819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/150820"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=150819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=150819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=150819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}