Reported 1 day ago
President Trump has signaled a willingness to negotiate tariffs amid escalating trade tensions with China, with current tariffs reaching up to 245%. This is causing concern for industries like beauty and gaming, as companies like e.l.f. Beauty brace for rising costs, while Chinatown markets feel the pinch of increased duties on imported goods. The ongoing trade war has led to reciprocal tariffs, with both the US and China intensifying their import duties, impacting prices and availability of goods, including baby products and automotive parts.
Source: YAHOO