145% Tariffs On All Chinese Goods Go Into Effect

Politico reports:

The economic fallout from President Donald Trump’s tariff agenda hasn’t yet taken a toll on most American consumers. That changes on Friday.

Trump’s decision to eliminate a special exemption that allows products from mainland China and Hong Kong under $800 to enter the U.S. tariff-free, part of his trade offensive against Beijing, are hitting the ever-growing market of online shoppers.

Starting Friday, Americans will see the cost of the president’s 145 percent tariff on Chinese goods on many packages they order directly from retailers there — some with tariff fees clearly displayed on their invoices.

Read the full article. As noted yesterday by electronics maker Wyze, the tariff on big-ticket items from China has already gone into effect.

Trump’s tariffs have shaken Wall Street. Now they’re hitting packages. https://t.co/qY8q8kpabp

— POLITICO (@politico) May 2, 2025