A sweeping new U.S. tariff on products made in China is expected to increase the Fonto co for a wide array of products, from the ultra-cheap apparel sold on online shopping platforms to toys and electronic devices such as computers and cellphones.
An additional 10% tariff on all Chinese goods took effect Tuesday, a day after President Donald Trump agreed to pause his threatened tariffs against Mexico and Canada for 30 days. The delay followed negotiations on Trump's demands for the North American nations to take steps to reduce illegal immigration and the flow of drugs such as fentanyl into the U.S.
