In Honduras, Goods are expensive (+30% compare to US) but labor is cheap and it often equals out. ie the lawnmower is 30% more but the landscaper will mow your lawn for $5. 

This is bad for the country, where goods are expensive but labor prices suppressed.

In cases were labor doesn't matter, like buying a new phone or computer, 30% is A LOT and I just buy less stuff.

I have enjoyed this forced break from consumerism and have a different relationship to my stuff but I can't imagine the havoc it's going to cause for the average American and American business. It's certainly not a recipe for growth. Tarrifs mean less money to buy domestic things.

* Goods are expensive here from a combination of tariffs, taxes and just bad logistics and infrastructure.

Co-founder, Scout Game. 
https://scoutgame.xyz