Economists have been saying for months that the tariffs President Donald Trump was threatening on China would cause the cost of products made in China to rise.
The tariff, which went into effect Tuesday, is expected to hike the cost of products ranging from discounted apparel sold online to toys and electronic devices like computers and cellphones.
Trump on Monday paused tariffs intended for Mexico and Canada aftrer leaders from those countries said they would provide additional assistance in fighting illegal immigration and drugs.
After failing to get a similar White House reprieve, China said it would impose retaliatory tariffs on some U.S. goods as of next week. The sheer volume and variety of the China-made merchandise sold in the U.S. means the prices of many typically inexpensive items probably will tick higher if the tit-for-tat tariffs persist, The Associated Press reported.
Among products most likely to be impacted:
The U.S. imported about $427 billion worth of goods from China in 2023, the most recent year with complete data, according to the U.S. Census Bureau. Consumer electronics, including cellphones, computers and other tech accessories, make up the biggest import categories, the AP reported.
