'They're on,' Trump says of tariffs set to kick in on Sunday
September 1, 2019
WASHINGTON (AP) — Expect a direct hit on many U.S. consumers from President Donald Trump's latest round of tariffs on Chinese imports. He had no intention of pulling back on import taxes set to kick in Sunday.
"They're on. They're on," the president told reporters Friday before departing for a weekend stay at Camp David.
Americans were largely spared from higher prices in his previous rounds of trade penalties. No longer. The 15% tariffs on $112 billion in Chinese imports will apply to items ranging from smartwatches and TVs to shoes, diapers, sporting goods and meat and dairy products.