Reported about 10 hours ago
An analysis by DataWeave reveals that prices for China-made goods on Amazon have been rising more rapidly than the overall inflation rate in the U.S., suggesting that tariffs are starting to affect consumers. Between January and mid-June, the median price for a selection of over 1,400 products increased by 2.6%, with notable hikes in categories like electronics and home goods. As retailers adjust to higher costs caused by tariffs, some companies, including Walmart and Nike, have announced price increases, raising concerns about consumer spending amidst weakening sentiment.
Source: YAHOO