A brief guide to how the China-US trade war will affect your holiday shopping
Share
Tweet
December 11, 2019
Charles Hankla, Georgia State University
(THE CONVERSATION) With more tariffs on Chinese imports set to take effect this month, holiday shoppers in the U.S. face a dilemma: buy the Apple iPhone 11 or Hasbro toy action figures now or risk facing higher prices later.
On Dec. 15, in the middle of the holiday shopping season, the Trump administration plans to slap new 15% tariffs on US$160 billion of electronics, toys, clothing, power tools and many other consumer goods.
U.S.-based importers have to pay the extra tax before bringing those products into the country. Whether or not they pass the bil...
For access to this article please
sign in or
subscribe.
Reader Comments(0)