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Get Fast News Updates – Stay Ahead with USA Blogger > Blog > Business > The real victims of Trump tariffs — U.S. consumers?
Business

The real victims of Trump tariffs — U.S. consumers?

Robert Adams
Robert Adams
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Contents
What you need to know todayAnd finally …

The shelves of a dollar store rise on April 1, 2024 in Lansing, Michigan, USA.

Spencer Platt | Getty Images News | Getty images

The tariffs unleashed, and temporarily, almost capriciously, stop, by the president of the United States, Donald Trump, have given governments around the world a headache to discover how to minimize interruptions in their economies. But the American, ironic consumer could be the true victim of tariffs.

Duration on the weekend, Temu, a Chinese electronic tail known for offering friendly articles with the wallet, augmented prices, citing “import charges”. Gabrielle Fonrouge and Annie Palmer’s analysis of CNBC discovered that these rates can cost more than the articles themselves and any double the price of a typical order.

Something worse than price increase is when daily needs are not available for purchase. Some US stores could see empty shelves in a few weeks, since the impact of tariffs on China begins to leak in the economy, according to the Apollo assets management firm.

It is true that China exports much more to the US. But the involvement of that commercial relationship is that the consumer of the United States has more to lose when China’s exports read a drip.

What you need to know today

European actions exceed the United States
US actions negotiated mixed on Monday. He S&P 500 It was 0.06% marginal and the Dow Jones industrial Increased 0.28%. He Nasdaq compoundHowever, 0.1%fell. About in Europe, the Stoxx 600 The index added 0.53%. The UKS Ftse 100 Increased 0.02% for its eleventh consecutive day of profits and its best career since the end of 2019. Delivery The shares appeared 16.5% after the company announced a proposal for acquiring Washing.

China-EE commercial war. Uu. Still boiling over low heat
China’s Foreign Ministry spokesman Guo Jiakun said at a press conference on Monday that Beijing is not in conversations with the United States about a rate agreement, and meets Chinese President Xi Jinping talking to President Donald Trump. The secretary of the Treasury, Scott Besent, told CNBC on Monday that it depends on China to climb, because they sell us five times more than we sell them. “

Tariffs drive Temu prices to walk
The Chinese electronic tail Temu has begun to add “import charges” or around 145% in response to Trump tariffs. The rates, which apply to American customers and kicked over the weekend after price aluminum came into force on Friday, could be higher than a cost of products. “Imported articles to the United States may be subject to import positions,” Temu wrote on their website.

Investment of $ 150 billion per IBM
IBM On Monday he announced that he will invest $ 150 billion in the US. Separately, Microsoft president Brad Smith wrote that the United States “cannot afford to fall” China in the race to design and manufacture a quantum computer that works.

Amazon launches the Starlink competitor
Amazon On Monday, he launched the first lot of his Kuiper Internet satellites in space after a previous attempt was scrubbed due to bad weather. Six years ago, Amazon announced its plans to build a constellation or internet fixing satellites in low -land orbit, called Project Kuiper. The service will compete directly with Elon Musk Starlink, which currently dominates the market and has 8,000 satellites in orbit.

[PRO] Profit expectations this week
The busiest week of the profit season is here: more than 160 S&P 500 components are scheduled to inform, included Apple” Platform goal and Microsoft. Investors will seek guidance on how tariffs could affect the results of these companies. Take a look at CNBC pros of what is expected of this week’s key reports.

And finally …

Merchants work on the floor of the New York Stock Exchange on March 11, 2025.

Spencer Platt | Getty Images News | Getty images

The worst (and best) actions converted by Trump’s first 100 days

Some actions have made important changes in the days since Trump returned to the White House.

He has put American investors with market movement plans, such as tariffs and expenses of federal government expenses. The S&P 500 is scheduled to register its first sausage 100 days of a presidency from the second mandate of Richard Nixon in the 1970s.

Under the hood, some names are seeing outstanding movements. CNBC projected the S&P 500 to see which actions have had the best and the worst since Trump returned to the Oval office in January.

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