meta content='PcpJKOmoday5SZ2ES5Jk' name='bulletprofit'/> Ayyobpatel.bloggr.com: Phones, laptops, and tablets are next to be hit by Trump’s China tariff hikes

Followers

Phones, laptops, and tablets are next to be hit by Trump’s China tariff hikes

Fresh off enforcing a big increase in tariffs on some types of goods imported from China, the Trump administration has revealed its planned list of additional categories for a second big tariff hike. As Reuters reports, the new categories to be affected by tariffs as high as 25 percent include laptops, cellphones, and tablets, along with other everyday items like clothing, shoes, pencil sharpeners, books, bedsheets, and lawn mowers. Fresh produce, meat, and various live animals would also be subject to the increased tariffs. Pharmaceuticals and rare earth elements are among the few major imports that will not be affected.

Although the US president has argued that his tariffs would be paid for by China, analysis of the 2018 round of...

Continue reading…



from The Verge - All Posts http://bit.ly/30kBGgA

No comments:

Post a Comment

Please let me know