US Tariff Exemption Expires: Higher Costs for Consumers
The US tariff exemption on imports under $800 expired, leading to higher costs on Shein, Temu, and Amazon. Trump ended the 'rip-off' de minimis exemption, impacting low-income consumers.
Trump’s Tariffs: Risks & Economic Impact
Torsten Slok warns of a 'volunteer profession reset economic crisis' due to Trump's tariffs. Lower confidence, rising production costs, and decreased container ship traffic signal economic downturn.
Trump’s Tariffs & Economic Concerns: Impact & Public Opinion
Trump's tariffs on China are causing market volatility and economic uncertainty. Public concern about recession and rising prices is growing, fueled by Trump's trade policies. Surveys reflect increasing opposition to tariffs.