When new, higher tariffs are scheduled to start on Chinese imports and what may cost more

CLOSE

Donald Trump orders American companies to seek alternatives to operating in China, hours after Beijing announced new trade sanctions. Analyst Amanda DeBusk says the situation is “very serious,” but China’s tariff retaliation is not surprising. (Aug. 23) AP, AP

Soon, it may be hard to find a Chinese-made product on a store shelf that doesn’t have a higher price tag because of new U.S. tariffs.

President Donald Trump announced double-barreled new tariffs on Chinese imports Friday after Beijing said it would retaliate against Trump’s latest duties with its own tariffs on $75 billion in U.S. products.

On Sept. 1, a tariff on some of the $300 billion in Chinese imports that was slated to be 10% instead will be 15%, Trump said. It will hit items such as school supplies, sporting goods and some clothing.  

A tariff on the rest of the $300 billion – which targets other consumer products such as cellphones, apparel and footwear – has been delayed until Dec. 15, but those too will now be slapped with a 15% tariff, up from 10%.

Trade war escalates: Trump places tariffs on $300 billion in additional Chinese goods in trade war

Meanwhile, an existing 25% tariff on $250 billion in Chinese imports will rise to 30% Oct. 1, Trump said. Many are industrial and intermediate goods that will have less impact on American shoppers.

It’s not clear how much of the new tariffs will be passed to American shoppers and how much can be absorbed by U.S. retailers, but at least a portion is likely to result in higher retail prices.

China retaliates: China State Council to impose new tariffs on U.S.

Here are some of the products that could be affected:

CLOSE

President Trump’s ‘America First’ approach has relied on slapping tariffs on countries, such as China and Mexico, which have led to current trade wars. What is a tariff and how do they work? We explain. Just the FAQs, USA TODAY

September tariffs: 15%

These items are included on a 122-page list and expected to start Sept. 1.

Beverages: Tea, coffee, Irish and Scotch whiskies, liqueurs and cordials, wine, brandy, vodka and tequila.

Baby gear: Diapers, pacifiers, nursing nipples, infant formula, high chair and baby clothes.

Meats and dairy: Bovine, lamb, sheep, ham, geese, quail, sausage, milk, cream, yogurt, sour cream, butter and cheeses.

Produce: Tomatoes, lettuce, pumpkins, plantains, avocados, grapefruit, watermelons, cantaloupes and papayas.

In the pantry: Olive oil, maple syrup, chewing gum, cocoa powder, chocolate, pasta and condensed milk.

Clothing and accessories: Suits, jackets, pants, shorts, skirts, shirts, underwear, pajamas, sweaters, dresses, gloves, footwear, outerwear and wrist watches.

Live animals: Cattle, sheep, goats, chickens, turkeys, camels, rabbits, horses, whales, dolphins, foxes and reptiles.

Miscellaneous: Glasses, contacts lenses, sunglasses, golf carts, motorcycles, flowers, plants, blinds, shutters, linens, wallpaper, textbooks, dictionaries, books, printed calendars, wigs, drinking glasses, precious stones, iron, steel, aluminum, sewing machines, alarm clocks, grand pianos, musical instruments, brooms, pencils, pens, sanitary napkins and tampons.

Autoplay

Show Thumbnails

Show Captions

October tariffs: 30%

The October tariffs are included on a 196-page list and items from China currently have a 25% tariff.

Beverages: Juices, including orange, grape, tomato and pineapple, beer made from malt, some wines and water.

In the pantry: Natural honey, jams, peanut butter, soy sauce, vinegar, flours, flaxseed, quinoa, oils, dates, figs, and nuts, including almonds, cashews, pistachio, walnuts and pecans.

Produce: Cauliflower, cabbage, carrots, radishes, beets, cucumbers, onions, celery, mushrooms, potatoes, Brussels sprouts, sweet potatoes, coconut, pineapples, fresh apples, peas, strawberries and dried fruit.

Personal care: Perfumes, makeup, shampoo, deodorant, bath salts, soap, hair clippers, petroleum jelly and sunscreen.

Seafood: There’s an ocean full of fresh, chilled and frozen fish listed, including bass, swordfish, lobster, tilapia, tuna, sardines, caviar, crabs, crabmeat, eel, oysters, scallops, shrimp and fish sticks.

Miscellaneous: Dog or cat food, tobacco, cigars, coal, sand, natural gas, metals, paints, ink, film, vinyl flooring, trunks, suitcases, some handbags, gloves, plywood sheets, paper, toilet paper, notebooks, binders, yarn, wool, woven fabrics, carpet, mirrors, vacuum cleaners, windshield wipers and furniture.

CLOSE

President Trump says that Apple will not be exempt from tariffs on parts it makes in China for it’s Mac Pro computer then exports to the U.S. Veuer’s Justin Kircher has the story. Buzz60

December tariffs: 15%

The tariffs scheduled to start Dec. 15 are included on a 21-page list.

Tech gear: Telephones for cellular networks, video game consoles, LED lamps, instant print cameras, cameras, and microwave ovens.

Baby gear: Strollers, infant nursery monitor systems, infant walkers, booster seats, play yards and swings.

Personal care: Shaving brushes, hair brushes, nail brushes, combs, hair accessories, electrothermic hair dryers and electric flatirons.

Miscellaneous: Fireworks, curtains, photo albums, children’s picture, drawing or coloring books, printed cards, household- or laundry-type washing machines, ceiling fans, electric blankets, bedspreads, toys for pets, camping goods, umbrellas, music boxes, string musical instruments, cigarette lighters, scales, sleeping bags, toys, magic tricks, confetti, roller skates and fishing rods.

Trump saves Christmas?: Tariffs on some Chinese goods delayed until December

Contributing: Paul Davidson

Follow Kelly Tyko on Twitter: @KellyTyko

Read or Share this story: https://www.usatoday.com/story/money/2019/08/23/trade-war-tariffs-chinese-made-products-could-soon-cost-more/2091709001/

Advertising with us after post

Leave a Reply