Fears are growing that fast fashion, electronics, and toys will cost more after a tariff war exploded between the US and China . Retailers such as Shein, Temu, and AliExpress are expected to raise their prices after Donald Trump imposed a 10% tariff on goods from the Asian country on Tuesday. China’s premier, Xi Jinping, responded with a 15% tariff on coal and liquefied natural gas, along with a 10% tax on crude oil and agricultural vehicles from the US .
Meanwhile, the U.S. Postal Service said it would stop accepting packages from China and Hong Kong until further notice - a move thought to be linked to the countries’ trade feud.
It is not immediately clear how long this 'temporary suspension' will last. Some spooked U.S.
consumers have already bulked up on Chinese goods ahead of the feared price rises. Jay Salaytah, 43, who runs an auto repair shop in Detroit, said he had bought some pieces of equipment from the country sooner than he might have. He was anticipating that they would cost more if Trump implemented his campaign promise to use import tariffs as a tool to promote U.
S. manufacturing. He said: "I knew the costs were going to go up, and these are manufactured in China,” Salaytah said of a probe test light he purchased before Tuesday’s tariff went into effect.
In addition to imposing a new tariff on Chinese imports, Trump’s executive order also suspended a trade exemption that allowed goods worth less than $800 to come into the U.S. duty-free.
The order le.