Trump’s tariffs come for fast fashion, and the blowback could be fierce
The economic fallout from President Donald Trump’s tariff agenda hasn’t yet taken a toll on most American consumers. That changes on Friday.
Trump’s decision to eliminate a special exemption that allows products from mainland China and Hong Kong under $800 to enter the U.S. tariff-free, part of his trade offensive against Beijing, are hitting the ever-growing market of online shoppers. Starting Friday, Americans will see the cost of the president’s 145 percent tariff on Chinese goods on many packages they order directly from retailers there — some with tariff fees clearly displayed on their invoices.