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Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports [Video]

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Canadian National News

A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products, from the ultra-cheap apparel sold on online shopping platforms to toys and electronic devices such as computers and cellphones.

An additional 10% tariff on all Chinese goods took effect a day after President Donald Trump agreed to pause his threatened tariffs against Mexico and Canada for 30 days. The delay followed negotiations on Trump’s demands for the North American nations to take steps to reduce illegal immigration and the flow of drugs such as fentanyl into the U.S.

After failing to get a similar White House reprieve, China struck back by saying 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.

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