Since Trump closed the trade loophole that allowed goods under $800 to enter the country duty-free, the new tariffs also have a significant impact on Temu and Shein, two Chinese-born online retailers.
Trump’s approval rating is also being impacted by the broad tariffs.
As he approaches the 100th day of his second term, he has experienced a decline in his support rating in Daily Mail polling for the first time, as voters are concerned about the financial impact of tariffs.
In the Daily Mail/J.L. Partners poll, the president’s approval dropped nine points from 54% on April 17, when his popularity was at an all-time high, to 45% this week.
Six out of 10 people, including 49% of Republicans, believe that the economy is poor or getting worse. Many people think that the cost of their favorite foods and products is rising.
