Tariffs will have negative impact if it’s on an everyday item. That group doesn't buy new luxury euro cars and wines every day. They buy domestic or Japanese and domestic beer and liquor. I’m convinced that east asia (Japan, Korea, Vietnam) will negotiate the tariffs down and that will bring Japanese/Korean vehicles and clothes prices down because China will need to lower prices to stay competitive to Vietnam and Korea and will just eat the tariff.

Coffee will go up, but most food staples will not be all that volatile because Mexico got the out. Coffee is weird one though…because people will gladly pay 30% more for coffee on account of it being more an habit/addiction.