Consumers in the U.S. are experiencing the consequences of President Donald Trump's new tariffs on Chinese products. A 10% tariff implemented on all Chinese goods has led to additional charges for shoppers, with some reporting fees ranging from $20 to over $50. The new order also suspends a customs exemption that previously allowed goods under $800 to enter the U.S. duty-free, impacting a significant portion of online purchases from China. While the exact extent of price increases remains unclear, analysts predict widespread impact due to the vast majority of shipments from China falling under the new tariff threshold.
U.S. consumers have already been feeling the impact of President Donald Trump’s new tariffs on products made in China. According to the Associated Press, consumers are facing an additional 10% tariff on all Chinese products that took effect a day after Trump agreed to pause his threatened tariffs against Mexico and Canada.U.S. shoppers have taken to social media to report receiving notices from UPS and DHL stating they owed between $20 to over $50.
Trump's executive order that imposed tariffs on products made in China also suspended a customs exemption that typically allowed goods worth less than $800 to come into the U.S. duty-free. The new order allows for the loophole to still be used with shipments from other countries, according to AP.It is unclear the dollar amount of price increases as a result of the newly imposed tariffs.
TRUMP TARIFFS CHINA CONSUMERS DUTIES ONLINE SHOPPING
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