Bad news for US shoppers as Trump's China tariffs arrive

Watch Bad news for US shoppers as Trump's China tariffs arrive - AlArabiya English on Dailymotion

Transcript

00:00I've got some bad news for U.S. shoppers.

00:02Trump's China tariffs?

00:04You're about to fuel them for real.

00:06You might still be seeing stock shelves and stable prices, but don't get used to it.

00:11These tariffs are a slow-moving storm, and it's heading straight for your wallet.

00:16Last month, President Donald Trump hit Chinese imports with a 145% tariff.

00:21Many thought prices would jump overnight, but that's not how global trade works.

00:26Economists say it takes 20 to 40 days for cargo ships to cross the Pacific Ocean.

00:31Then there's another 10 days to unload and reach stores across U.S. cities.

00:36This means what you're buying now left China before the tariffs kicked in.

00:41But here's the thing.

00:42A third fewer ships are now leaving China for the U.S.

00:45Some orders were canceled entirely.

00:48This has experts saying that by late May or early June, you can expect higher prices, empty

00:53shelves, even job cuts in retail and shipping.

00:57Big retailers stocked up early, small businesses not so lucky, some already shutting down.

01:03So if your kids' favorite toys are gone, jeans cost more, or your Amazon delivery is delayed,

01:08that's not a glitch.

01:09That's the store making landfall.

01:11Trump's tariffs won't just be in the headlines.

01:13They'll show up on your receipts very, very soon.

01:16Have you felt the impact yet?

01:18Let me know in the comments.