Trump's Tariffs: Impact and Misunderstandings
The ongoing trade tensions between the U.S. and China are largely driven by former President Donald Trump's tariff policies. These tariffs, essentially taxes on imported goods, aim to protect domestic industries but often burden consumers with higher prices. A recent policy change eliminates the de minimis exemption, which allowed Chinese packages under $800 to enter the U.S. duty-free. This will increase costs for American consumers, particularly affecting those who purchase from online retai..
