Companies scramble to prepare for Trump's new taxes on Chinese goods

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Tariffs on $200 billion worth of consumer products and other goods from China are set to more than double on Friday per Trump’s orders.

bracing for a huge jump in costs as tariffs on $200 billion worth of consumer products and other goods from China are set to more than double on Friday per President Donald Trump’s orders.

Trump also intends to begin steps to slap a 25 percent duty on another $325 billion worth of Chinese goods. If those duties are put into place, that would essentially cover all U.S. imports — including Apple iPhones, toys and many household items — from the world's second-largest economy.By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.

Trump administration officials hope the tariff actions will force China to reconsider some of its positions and move back into a final deal-making mode.

 

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Democrats are willing to BK a country jsut so they can buy cheaper Made in China stuff. Why should the US products pay big tariffs while their Chinese crap gets dumped here almost for free?

TRUMP SUCKS. Come on coronary!

Well done! The Chinese have been taking advantage of the US for way too long!!

Still love Trump?

Whatever. Point and laugh.

AMERICAN CONSUMERS PAY THOSE TARIFFS

Nobody on this thread even knows the basic issues concerning the ongoing trade negotiations. Let's bash Trump, and discuss the finer points of nuclear physics while you're at it.

trump is so stupid. He has no idea how tariffs even work. Hasn't anyone tried to explain that to him yet?

Watch the markets drop, watch farmers lose their farms, watch factories close and move to china. Trump is an idiot.

When will this dip shit realize that they don’t pay tariffs the American consumers do so he’s punishing America not China

More Winning !

I don’t buy Chinese made. It’s poorly made. BuyAmerican

That means American consumers and businesses pay more. China dont pay. Hurts all and Europe being driven into catastrophe.

The increase in consumer prices will be a jolt. Who does he think pays for these tariffs in the end. Will it really bring jobs back to USA ? That would be nice but I'm not holding my breath.

Unfortunate Americans don't know tariffs won't cost China anything as the price of Chinese goods will be increased to offset the tariff, no matter how steep. Trump's lack of knowledge in economics led to bankruptcies in business and will raise the price of goods for Americans.

Ok Americans, your Wal- Mart prices will be * rolling forward*.... all you trumpkins beware

GOOD NEWS FOR AMERICANS IN MANUFACTURING.

Which means, trumpettes, China doesn't pay it, the importers & WE do.

“Trade wars are easy to win.” - Loser

Now's a good time to win a trade war

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