New tariffs on shoes, televisions, diapers and other Chinese-made products take effect Sunday

[Yo_Mama_Been_Loggin]

The casualty list from the U.S.-China trade war will include American consumers on Sunday when President Trump’s next round of tariffs on Chinese products takes effect, capping a month of contradictory policy announcements and second thoughts.

At 12:01 a.m., U.S. customs will begin collecting a 15 percent tax on products such as clothing, footwear, pens, pencils, diapers, Bluetooth ear buds, televisions, golf clubs and fishing line. The official list of affected items runs 114 single-spaced pages.

“This is the first time U.S. consumers will see the costs quite directly, right as we head into the busiest shopping time of the year,” said Edward Alden, an economics professor at Western Washington University.

Even as he braces for potential consumer irritation over higher prices, the president on Friday accused business executives who oppose his tariff strategy of blaming him for their own failures.

https://www.msn.com/en-us/money/markets/new-tariffs-on-shoes-televisions-diapers-and-other-chinese-made-products-take-effect-sunday/ar-AAGBXiU

[The Velveteen Ocelot]

1. Damn near everything is made in China

so this should really do wonders for our economy.

[dalton99a]

2. A 15% Trump tax.

And more to follow

[Hermit-The-Prog]

15. no worries, remember the trump tax cut for the rich

The new trump tax mostly affects us peasants.

[kimbutgar]

3. The dollar stores are going to have to raise prices

Wall Street will not stand for lower quarterly earnings.

[underpants]

5. The Dollar Store*

* okay not a dollar anymore but hey! We still got the same cheap ass shit !

[kimbutgar]

8. I was being in general as to the type of stores

Dollar Tree
Dollar General etc.

[underpants]

10. I know

I was just goofing

[MyOwnPeace]

4. Good news is............

in Texas they will be able to guard their new, more expensive diapers in church now that the congregation is allowed to be packing!

[underpants]

6. Glad we bought up school supplies on our tax free weekend a month or so ago

School starts on Tuesday

[kimbutgar]

11. I was in a Dollar store yesterday and a woman ahead of me was buying a bunch of Halloween stuff

She was a teacher who was stocking up now because she thinks prices are going up because of tariffs.

[Wellstone ruled]

7. And again,it will impact the Trump Voters

and the poorest the hardest. EBT Cards were filled at Midnight and today all those Persons will see the first hit with dry goods at the Super Markets. This on top of already in place tariff's on Mexico originated Food Products.

[KY_EnviroGuy]

9. This family will be buying less stuff....

along with many others we know. We don't have a 15% income margin to simply give away.

Take that straight to your Wall Street analyst......

[Kittycow]

12. Yay, right when I need to buy specialty shoes for my severe bad back.

I have to walk in a wedding; I just found out. (It's cultural for the godparents to walk; I'm not a 66 yr old bridesmaid or anything ). I don't want to wear my athletic shoes.

Anyway the $150 price tag is bad enough and now it's going to be even more!

I read the average family will be paying $1000 extra because of this tax, errr, tariff.

[muriel_volestrangler]

13. Textbooks are hit; Trump exempted bibles, indicating his disdain for the constitution and learning

in one move.

Take religious texts like the Bible and the Quran, which were the only kind of publication exempted by trade regulators. Other written works, from pulp fiction to textbooks, were denied clemency.

https://www.propublica.org/article/bibles-but-not-textbooks-trumps-tariff-exemptions-pick-winners-and-losers

[VOX]

14. Wave a "magic wand" and make EVERY Chinese-made product disappear from your life...

First, your car (make doesn’t matter) will fall apart when all the Chinese circuitry and plastic are removed, along with varying amounts of steel parts, *poof* there’s just a small pile of rubble.

Your closet and dresser would lose most of your clothes and shoes. Lamps and light bulbs, *poof* gone. Musical instruments, TVs, mobile phones, laptops and desktops, and assorted appliances, *poof* gone. Ceiling fans, electric toothbrushes, hand tools, patio furniture, toys, pet supplies, picture frames, on and on the list goes.

Bottom line: China is our country’s manufacturing center. Imposing tariffs is absolute folly.

[dalton99a]

16. +1. It was corporate greed that moved manufacturing to China, and now consumers have to pay?

[Vinca]

17. But Don sez China pays for the tariffs . . .

What a fucking idiot. I hope his fucking idiot cult is finally jolted awake when their Walmart shopping sprees cost more.