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ru24.net
News in English
Август
2019

Here’s how the latest round of Trump’s tariffs will affect you (yes, you)

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School supplies and back-to-school clothing are both being targeted.

The president’s trade war with China is heating up, and come Sunday average American consumers will be right in the crosshairs. While earlier tariffs affected raw goods, like soybeans, cogs, sprockets, and other things that consumers don’t really care about outside of math-class story problems, the tariffs going into effect on Sunday are targeted at finished consumer products, aka the stuff you see on the store shelves. Specifically, about 60% of the $300 billion of Chinese imports that are being hit, or around 3,800 items, are finished consumer products.

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