Industry News — Trump increased tariffs on more Chinese products to 25%—here’s what could get more expensive

By June 3, 2019 Featured

“If the U.S. imposes a 25% tariff on all Chinese imports, as the president has threatened, the average family could expect to pay $2,294 more annually for goods, according to the report, which also takes into account the tariffs on steel and aluminum imports and assumes China would retaliate.”

Let’s keep our eye on this subject matter… it could be a serious increase in taxes for us all.

Read more from CNBCs article here >>

Tracey Wells-Schneps

Author Tracey Wells-Schneps

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