US prices for China-made goods on Amazon are soaring faster than inflation, a recent analysis reveals. Tariffs and supply chain challenges are pushing costs higher, directly impacting consumers’ wallets, Reuters reports
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Prices for the PlayStation 5 have surged in Europe and Australia, raising concerns that U.S. gamers could face similar increases. Industry analysts suggest rising production costs and economic factors may lead to price adjustments in the coming months.
As the U.S.-China tariff war intensifies, Canadian consumers may face rising online shopping prices. Experts warn that increased tariffs on Chinese goods could lead to higher costs for retailers, which might be passed on to Canadian shoppers.