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The trade war has already cost electronics companies $10 billion and it gets worse on Sept. 1

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The U.S.-China trade war is expected to enter into a new phase starting this Sunday that will start hitting consumers' wallets.

That means that when an electronics company imports a TV, smart speaker or a drone from China starting September 1, it will have to pay a 15% tax to the U.S. government.

Even leading American companies like Apple aren't safe from the tariffs — Apple's AirPods and Apple Watch will get caught up in this round of tariffs. U.S. President Donald Trump speaks with Tim Cook, chief executive officer of Apple Inc., during an American Workforce Policy Advisory board meeting in the State Dining Room of the White House in Washington, D.C., U.S., on Wednesday, March 6, 2019.If you need a new television, you might want to consider buying it sooner rather than later.

The U.S.-China trade war will enter into a new phase starting this Sunday that will start hitting consumers' wallets. The Trump administration will raise tariffs on billions of dollars of imports from China starting Sunday, according to an official announcementThat means that when an electronics company imports a TV, or a smart speaker, or a drone from China starting September 1, it will have to pay a 15% tax to the U.S. government.

Eventually, this will end up raising prices on gadgets and other products for people in the United States, said Bronwyn Flores, a spokeswoman for the Consumer Tech Association , a trade group that represents 2,000 different companies in the electronics industry, including brands like Apple and LG and retailers like

 

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Stock EconomicCrisis Per BBCNews - Brexit: The UK is due to leave the EuropeanUnion (EU) at 23:00 GMT on 31 October 2019, which will be when global markets crash and the next recession starts, after already being crippled by the TrumpTradeWar

'Electronic companies'? You mean, the tech giants that have been censoring Christians and conservatives? Oh, boo hoo.

easy fix, build the electronics here & not with slave labor from China

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