Try GOLD - Free
America's Trade War is Sure to Impact the Hobbies of People
Mint Mumbai
|April 17, 2025
It feels personal because it will drive up costs that matter to citizens
Despite the White House declaring a 90-day pause on some of its reciprocal tariffs, many CEOs are still bracing for a recession. Some companies have paused orders or reduced production due to uncertainty: President Donald Trump raised US duty on China to 145% after increasing it to 125% just the day before [and then gave some categories temporary relief]. Business owners and investors have said that they can't plan for these next three months when it's difficult to predict the administration's next move.
But people in corporate America aren't the only ones discussing the consequences of this policy. The word "tariff" has entered teenage group chats and lifestyle influencer content, and it has triggered a flood of explainer videos on TikTok. One reason this trade war feels all-encompassing in ways that we may not have seen before comes down to another word: hobbies.
Politics can often feel distant to the average American, but hobbies are a prominent part of almost everyone's life. In a 2024 survey by market research company aytm, 85% of respondents reported having at least one. A 2024 Statista survey of 60,000 people found that the combined category of cooking and baking was the most popular hobby for Americans—41% of respondents chose it. Other highly ranked activities included reading (35%), spending time with pets and playing video games (both of which came in at 34%).
This story is from the April 17, 2025 edition of Mint Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Mumbai
Mint Mumbai
TCS, Wipro US patent suits worsen IT's woes
Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.
2 mins
November 25, 2025
Mint Mumbai
AI bond flood adds to market pressure
Wall Street is straining to absorb a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets.
4 mins
November 25, 2025
Mint Mumbai
Auto parts firms spot hybrid gold
Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up.
2 mins
November 25, 2025
Mint Mumbai
Diwali is past, but shopping season is roaring ahead
India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.
3 mins
November 25, 2025
Mint Mumbai
HOW TO SPOT A WINNING STARTUP IPO
As a flood of new listings burns small investors, we investigate the overlooked metrics
9 mins
November 25, 2025
Mint Mumbai
WHY INDIA HAS FAILED TO CURB AIR POLLUTION
Despite massive funding, India has failed to make meaningful progress in combating air pollution. Beijing's dramatic turnaround over the past decade offers crucial lessons.
4 mins
November 25, 2025
Mint Mumbai
Micro biz has a harder time securing loan to start up
Bank lending to first-time micro-entrepreneurs has plummeted, signalling tighter credit conditions for small businesses already struggling with cash flow pressures and trade turmoil. In the first six months of the fiscal year, a key central scheme to support such lending managed to sanction just about 12% of what was sanctioned in the entire previous fiscal year, official data showed.
2 mins
November 25, 2025
Mint Mumbai
Inverted duty fix is next on GST agenda
GST Council to expand work on fixing anomaly at next meet
2 mins
November 25, 2025
Mint Mumbai
Why was a fresh approach to QCOs needed?
The government is now withdrawing the quality control orders (QCOs) issued earlier across sectors. Mint examines the original intent, the reasons for the policy reversal, and the expected national benefits from this move.
2 mins
November 25, 2025
Mint Mumbai
Climate: Hope lives
Climate change could be described as a \"tragedy of the commons.\" That is, one where a shared resource, such as the planet's atmosphere, gets degraded because everyone has an incentive to put immediate self-interest above what's good for all.
1 min
November 25, 2025
Listen
Translate
Change font size

