Group 1: Economic Impact of Tariffs - Businesses and consumers began feeling the effects of President Trump's tariffs in mid-2025, leading to economic uncertainty and inflation, but some experts believe the U.S. may see advantages as stability returns [1] - The tariff environment has required a major reorientation of distributors and resellers, but there is now a sense of stability regarding tariffs for the next year [2] - Domestic manufacturers are expected to benefit from reduced competition and increased pricing power due to tariffs impacting foreign firms [3] Group 2: Sector-Specific Effects - Sectors such as electronics, beauty products, home goods, toys, and clothing are already experiencing impacts from tariffs, with the "de minimis" tariff rule affecting offshore retailers like Shein and Temu [2] - Shipping and logistics companies face increased processing workloads due to tariffs, which adds costs and slows delivery times [3] Group 3: Consumption and Environmental Considerations - Tariffs may lead to reduced consumption in the U.S., which could positively impact environmental and sustainability efforts [4] - There is an expectation of shrinkage in the number of units consumed by Americans and a reduction in diversity of options available [5]