The real victims of Trump tariffs — U.S. consumers?

Ava Morgan
7 Min Read

A dollar shop on April 1, 2024 in Lansing, Michigan, USA

Spencer Platt | Getty Images News | Getty images

Unclean rates – and temporails, almost fickle, paused – by US President Donald Trump, the government gave a headache all over the world while finding out how to minimize disruptions of their economies. But ironically the American consumer could be the real victim of rates.

During the weekend, Temu, a Chinese e-tailer who is known for offering wallet-friendly articles, raised prices, referring to “import costs”. Analysis of CNBC’s Gabrielle Fonrouge and Annie Palmer discovered that test costs can cost more than the items themselves and ultimately double the price of a typical order.

Subject horse then price increases is when the daily supplies are not available for purchase. Substores were able to see empty shelves in a few weeks, because the impact of Tarifs on China is starting to filter in the economy, according to Apollo, asset management company.

It is true that China exports much more to the US than importing it from the country, as Secretary has resolved Scott Bestens. But the implication of that trade relationship is that the American consumer has suspended when China exports slowly to a trickle.

What to know today

European shares perform better than the US
US shares traded mixed on Monday. The S&P 500 Was a marginal 0.06% and the Dow Jones Industrial average Rose 0.28%. The Nasdaq CompositeHowever, 0.1%fell. About in Europe, the Stoxx 600 Index has added 0.53%. UKs FTSE 100 Aware of 0.02% for his 11th consecutive day of profit and its best run since 2019. Deliveroo Shares fell by 16.5% after the company had announced the takeover population of Dororash.

China-US Trade War still simmering
Spokesman Guo Jiakun of the Chinese Ministry of Foreign Affairs, Guo Jiakun, said during a press conference on Monday that Beijing is not in conversation with the US about a tariff agreement, and he is “not aware of Chinese President Xi Jinping who speaks with US President Donald Trump. Treasury secretary Scott Bervent On Monday, CNBC told that “it is up to China to de-escalate, sell five times more to us than we sell to them.”

TARIFS drive the Temu to the prices
The Chinese e-tailer Temu started adding “import costs” of around 145% to Trump Tarifs. The reimbursements, which apply to American customers and kicked in the weekend after price increases on Friday have come in force, can be higher than the costs of a product. “Items imported into the US can be subjected to import costs,” Temu wrote on its website.

$ 150 billion investment by IBM
IBM On Monday it announced the next five years that it will invest $ 150 billion in the US, including more than $ 30 billion to promote the American production of his mainframe and quantum computers. Separately, Microsoft President Brad Smith wrote Monday that the US cannot afford to fall back “China in the race to design and produce a working quantum computer.

Amazon launches Starlink competitively
Amazon On Monday, the first game of his Kuiper -Internet -Satellites launched in space A, an earlier attempt was scrubbeed due to bad weather. Six years ago, Amazon unveiled his plans to build a constellation from internet-rays satellites in Low Earth Orbit, Calleed Project Kuiper. The service will compete directly with Starlink from Elon Musk, who is currently dominating the market and has 8,000 satellites in the job.

[PRO] Profit expectations this week
The busiest week of the profit season is here – more than 160 S&P 500 voters are planned for reporting, including ApplePlatforms Doel And Microsoft. Investors will be looking for guidelines on how Taiffs could influence the bottom lines of those companies. View the breakdown of CNBC Pro of what expect this week’s most important reports.

And finally …

Traders work on the floor of the New York Stock Exchange on March 11, 2025.

Spencer Platt | Getty Images News | Getty images

The worst (and best) stocks during the difficult first 100 days of Trump

Subses have made large swings in the days since Trump returned to the White House.

He has investigated us on alert with market -moving plans such as TRIFs and cutbacks in the federal government. The S&P 500 is planned to include its worst Fulst 100 SeaCs from a presidency since the second office of Richard Nixon in the 1970s.

Subnames see excess movements under the hood. CNBC has screened the S&P 500 to see which shares have performed the best and wort since Trump returned to the Oval Office in January.