Experts say that in a few weeks, shelves in the US will be empty.
On April 2nd, President Trump displayed the signed executive order regarding the so-called "equal tariffs" at the White House. Starting from May 2nd, the United States officially revoked the tax exemption policy for small parcels from China. After a month of wielding the tariff stick, from beauty products to clothing, from shoes to medicine, American people are facing indiscriminate impacts on various aspects of daily life. Tosten Slok, chief economist at Apollo Global Management, stated that the tariff policy will lead to empty store shelves in the United States in a few weeks, and consumers and businesses using Chinese products will face shortages of goods.
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