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List of Imports Affected by Tarriffs
This is the link to a PDF Download
https://ustr.gov/sites/default/files/enforcement/301Investigations/List_4A_%28Effective_September_1%2C_2019%29.pdf
Latest U.S., Chinese tariff hikes take effect in trade war
By — Christopher S. Rugaber, Associated Press
Economy Sep 1, 2019 10:51 AM EDT
WASHINGTON — The United States and China went ahead with their latest tariff increases on each other's goods Sunday, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items in advance of the holiday shopping season.
PDF: A 122-page list of the Chinese imports now subject to new tariffs https://ustr.gov/sites/default/files/enforcement/301Investigations/List_4A_%28Effective_September_1%2C_2019%29.pdf
The 15% U.S. taxes apply to about $112 billion of Chinese imports. All told, more than two-thirds of the consumer goods the United States imports from China now face higher taxes. The administration had largely avoided hitting consumer items in its earlier rounds of tariff hikes.
After Sunday's tariff hike, 87% of textiles and clothing the United States buys from China and 52% of shoes will be subject to import taxes.
But with prices of many retail goods now likely to rise, the Trump administration's move threatens the U.S. economy's main driver: consumer spending. As businesses pull back on investment spending and exports slow in the face of weak global growth, American shoppers have been a key bright spot for the economy.
As a result of Trump's higher tariffs, many U.S. companies have warned that they will be forced to pass on to their customers the higher prices they will pay on Chinese imports. Some businesses, though, may decide in the end to absorb the higher costs rather than raise prices for their customers.
Tariff List (Sept. 1, 2019) by PBS NewsHour on Scribd
https://www.scribd.com/document/424013238/Chinese-imports-subject-to-new-tariffs-on-Sept-1
Snip...
More at the link.
https://www.pbs.org/newshour/amp/economy/latest-us-chinese-tariff-hikes-take-effect-in-trade-war/div]
By — Christopher S. Rugaber, Associated Press
Economy Sep 1, 2019 10:51 AM EDT
WASHINGTON — The United States and China went ahead with their latest tariff increases on each other's goods Sunday, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items in advance of the holiday shopping season.
PDF: A 122-page list of the Chinese imports now subject to new tariffs https://ustr.gov/sites/default/files/enforcement/301Investigations/List_4A_%28Effective_September_1%2C_2019%29.pdf
The 15% U.S. taxes apply to about $112 billion of Chinese imports. All told, more than two-thirds of the consumer goods the United States imports from China now face higher taxes. The administration had largely avoided hitting consumer items in its earlier rounds of tariff hikes.
After Sunday's tariff hike, 87% of textiles and clothing the United States buys from China and 52% of shoes will be subject to import taxes.
But with prices of many retail goods now likely to rise, the Trump administration's move threatens the U.S. economy's main driver: consumer spending. As businesses pull back on investment spending and exports slow in the face of weak global growth, American shoppers have been a key bright spot for the economy.
As a result of Trump's higher tariffs, many U.S. companies have warned that they will be forced to pass on to their customers the higher prices they will pay on Chinese imports. Some businesses, though, may decide in the end to absorb the higher costs rather than raise prices for their customers.
Tariff List (Sept. 1, 2019) by PBS NewsHour on Scribd
https://www.scribd.com/document/424013238/Chinese-imports-subject-to-new-tariffs-on-Sept-1
Snip...
More at the link.
https://www.pbs.org/newshour/amp/economy/latest-us-chinese-tariff-hikes-take-effect-in-trade-war/div]
1 replies
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= new reply since forum marked as read
