If you’re in the US, you might still be seeing stocked shelves and stable prices despite Trump’s tariffs on Chinese imports....but don’t get used to it. These tariffs are a slow-moving storm – and it’s heading straight for your wallet, very soon.
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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.