'Stock Up Like It's 2020': Cuban Urges Shoppers To Buy Everything From Toothpaste To Soap Before Prices Soar

Mark Cuban, the outspoken billionaire and 'Shark Tank' star, has ignited a firestorm with a stark warning: stock up on everyday essentials before prices skyrocket. His trigger? President Donald Trump's sweeping tariffs, unveiled on 2 April 2025, targeting over 180 countries.

Cuban's not holding back, predicting that these measures will hammer consumers with higher costs — even on American-made goods. With a blend of urgency and pragmatism, here's why he's raising the alarm, what it means for your wallet, and how to navigate the chaos ahead.

Cuban's Rallying Cry: Buy Now or Regret Later

On Wednesday, Cuban took to Youtube with a blunt directive: 'It's not a bad idea to go to the local Walmart or big box retailer and buy lots of consumables now. From toothpaste to soap, anything you can find storage space for, buy before they have to replenish inventory.'

He didn't stop there, adding, 'Even if it's made in the USA, they will jack up the price and blame it on tariffs.' It's a throwback to 2020's stockpiling mania, and Cuban sees history repeating itself. When sources pressed for more, he declined to comment, letting his post stand as a clarion call.

Why the rush? Toothpaste at £2.30 ($2.95) today could leap to £2.90 ($3.70) post-tariff; a bar of soap might climb from £1.10 ($1.40) to £1.50 ($1.90). Multiply that across a year's shopping, and the sting is real. Cuban's betting retailers will exploit the tariff excuse, inflating prices beyond necessity.

His advice: fill your cupboards now to dodge the inevitable.

Trump's Tariff Bombshell: Economic Rebirth or Consumer Burden?

Trump dropped the tariff bombshell, announcing reciprocal duties starting at 10% on 185 countries that tax US goods. 'April 2, 2025, will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make America wealthy again,' he proclaimed according to sources.

The Federal Reserve's Jerome Powell flagged this last month, saying, 'A good part' of their inflation spike ties to Trump's tariff agenda. Cuban's no stranger to critiquing this playbook.

He argued it'd make Chinese goods cheaper than American ones, gutting firms like John Deere while hiking costs for buyers. The White House stayed mum when asked for comment.

Experts Push Back: Stockpile Smart, Not Scramble

Supply chain pros aren't fully on board with Cuban's panic-now vibe. Margaret Kidd from the University of Houston told sources, 'Just as I said during COVID, no one should be panic-buying toilet paper and Clorox, and no one should be doing that now.' She urges restraint: 'We need to be conservative with our resources.'

Why? Hoarding could choke supply lines, amplifying price surges. UCLA's Chris Tang echoed this to Forbes, noting, 'This kind of shift in demand would actually exacerbate this price increase'.

Yet the heat's on. Sources report that markets tanked on 3 April 2025, with retailers like Tesco and Sainsbury's bracing for import cost hikes. Spread buys over days to avoid sparking shortages. Monitor prices locally; if they're stable, you've got breathing room. Cuban's not wrong to worry, but blind panic could cost you more.

Plan, don't plunder — that's the winning ticket as tariffs loom.