President Trump's tariff plan is poised to change online shopping dynamics by ending a long-standing tax exemption for low-value imports from China, effective May 2. As e-commerce has surged in popularity during the pandemic, consumers have increasingly relied on affordable goods from China. With the new tariffs, shoppers can expect higher prices and potential delays in deliveries, making e-commerce less accessible. Retailers including Amazon and tech companies like Apple will likely face financial repercussions, as their goods become pricer due to these tariffs.
"Ever since the pandemic, we have taken to e-commerce in the United States. We have been 'addicted to cheaper merchandise from China' that is increasingly well-made."
"You will definitely be paying more, there's no question about that. In addition to that, customers should expect to see disruptions and delays..."
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