Tariffs on China could hit U.S. hard, too

The previously taxed items that will see 25% tariffs will directly impact some consumer goods — baseball/softball gloves and handbags, for example.

But the impact would be even greater if Trump followed through on the other threat he tweeted: to put tariffs on basically everything else we import from China, which would hit products that have largely remained untouched, like clothing and footwear.

Advertisement

The Trump administration has mostly stayed away from putting tariffs directly on items you buy from say Walmart shelves. Right now, what’s facing 25% tariffs are largely intermediary products — i.e. the things that are used to make the final products. (There’s a good breakdown of those sectors here.)

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement