May 14, 2019

Trump just increased tariffs on Chinese goods. Here’s what you'll pay more for.

Toilet paper, computers, dog collars — oh my!

Last week, the Trump administration announced it would increase tariffs on some $200B worth of Chinese imports from 10% to 25%.

It’s the latest move in America’s trade war with China — and it’s likely to affect the price you pay for a variety of items, ranging from computers to toilet paper.The full list of these goods, which can be found here, is 194 pages long and contains more than 6k individual items. A large number of them are chemicals, food (including live eels), and industrial parts. But consumer items also dot the list.

A few things that may soon cost more

According to The New York Times, these tariff increases are likely to be passed down to consumers and could “severely disrupt” US retailers — especially small businesses.

“If the administration follows through on this threat,” David French, a senior vice president at the National Retail Federation, told the paper, “American consumers will face higher prices and US jobs will be lost.”

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