How Tariffs Affect Online Shopping: What Consumers and Retailers Need to Know
Introduction
Recently, the topic of tariffs has sparked a lot of discussion in the world of international trade. Many people are asking, what are tariffs, and how do they affect online shopping? President Donald Trump imposed tariffs on a wide range of imports from countries all over the world in an effort to protect American businesses and reduce the trade deficit. In this article, we’ll explain what tariffs are, how they work, and explore their impact on both online shoppers and retailers.