WASHINGTON — President Donald Trump’s new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months, possibly ending the era of cheap goods that Americans enjoyed for about a quarter-century before the pandemic.
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Trump's tariffs threaten to end quarter-century era of cheap goods for US consumers
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An aerial view of new cars waiting for shipment at a pier for "roll-on/roll-off" ships in Yantai city in eastern China's Shandong province Sunday, March 30, 2025. (Chinatopix via AP)
Boxes of party supplies imported from China are stacked outside a store in the Toy District of Los Angeles, Wednesday, April 9, 2025. (AP Photo/Jae C. Hong)
An aerial view of Xiasha Container Terminal on a canal in Hangzhou in east China's Zhejiang province Sunday, April 6, 2025. (Chinatopix Via AP)
An aerial view of imported iron ore in a port in Yantai city in eastern China's Shandong province Sunday, March 30, 2025. (Chinatopix Via AP) CHINA OUT
Foreigners shop for fashion accessories at the Yiwu International Trade Market in Yiwu, eastern China's Zhejiang province, Thursday, April 10, 2025. (AP Photo/Ng Han Guan)
U.S. flag themed wearables are displayed at the Yiwu International Trade Market in Yiwu, eastern China's Zhejiang province, Thursday, April 10, 2025. (AP Photo/Ng Han Guan)
A vendor of halloween costumes wait for customers at the Yiwu International Trade Market in Yiwu, eastern China's Zhejiang province, Thursday, April 10, 2025. (AP Photo/Ng Han Guan)
China has announced that it will raise tariffs on U.S. goods from 84% to 125%. The new tariffs begin Saturday.
The Trump administration predicts its barrage of tariffs will push Apple to manufacture the iPhone in the U.S. for the first time, but that's …
Analysts expect sales will start falling off as the slew of tariffs increase costs for companies and many retailers are forced to raise prices…
China-founded e-commerce sites Temu and Shein said they would make "price adjustments" starting April 25, though neither provided details abou…
Multiple countries contribute to each container of the sticky sweetener, with the vast majority of equipment sold by Canada.
