With Trump announcing sweeping tariffs, American families are facing the prospect of big price increases and even shortages.

Some are stockpiling, while others say the policy changes are coming too fast and feel overwhelming, hoping Trump will change his stance and withdraw the tariffs — not entirely unreasonable given the frequent changes.

Trump has adjusted his plans several times in the face of financial market turmoil over the new tariffs.

Initially, he suspended the planned tariffs on some economies, including the European Union, for 90 days.

Then, as the market turmoil continued, Trump quickly decided to remove smartphones and other electronics from the tariff list.

"I can't keep up with the president's changes. There's something new every day," said Anna Woods, 42, who recently received a notice from her son's summer camp warning parents that the tariffs could also increase the price of standard equipment like T-shirts.

Woods, who works in law, said she is nervous about the current situation but doesn't know how to respond.

"I just feel like we're in a time of uncertainty," she said. "I do need to buy some things... prices are going up on everything right now."

(Anna Woods) said she was concerned about the cost of her son's summer camp.

A worsening outlook for global trade and economic growth is also likely to weigh on China.

China's fixed-asset investment excluding farmers grew 4.2% year-on-year in the first three months, while real estate investment fell 9.9% year-on-year. The unemployment rate was 5.2% at the end of March, compared with 5.4% in the previous month.

The data reflects the economy's performance in the period before the United States sharply raised tariffs in April. U.S. tariffs on most Chinese goods have surged to at least 145%, a level that could send China's exports into contraction this year and hurt this important growth driver.

Without more stimulus, China will face challenges in achieving its growth target of around 5% this year. Economists at several international banks, including UBS, Goldman Sachs Group and Citigroup, have in recent weeks lowered their forecasts for China's economic growth in 2025 to around 4% or lower.