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President Trump and China's President Xi Jinping hold bilateral meetings in 2017. Photo: Thomas Peter-Pool/Getty Images

If Trump's Thursday tariff expansion takes hold on September 1, it would result in the U.S. taxing nearly every Chinese product sent to America.

Where it stands: Expect higher prices on consumer items like "clothing, toys, home goods, and electronics," according to the Retail Industry Leaders Association. 62% of items hit by Trump's tariffs on the remaining $300 billion of U.S. imports from China are consumer goods, according to Goldman Sachs — "much higher than earlier levies that targeted industrial components," per the Washington Post.

Other products Trump's tariffs would effect:
  • Dairy products, including milk, sour cream, yogurt and cheese
  • Flowers, including tulips, lilies and orchids
  • Trees, shrubs, and bushes
  • Vegetables, such as lettuce, olives, tomatoes, brussels sprouts and mushrooms
  • Fruits, including apricots, kiwis, cherries, plums and raspberries — and fruit juices
  • Spices, including cinnamon, pepper, nutmeg and turmeric
  • Oils, like olive oil, palm oil, and coconut oil
  • Alcohol, including rum, vodka, wine, vermouth, brandy and tequila
  • Furniture and household items, like doors, windows, blinds, toilet seats, picture frames, clothes hangers, blankets, pillows, tablecloths, kitchen knives, brooms, glassware, tableware and baths
  • Clothes, like overcoats, suits, pants, shorts, skirts, dresses, blouses, bathrobes, underwear, sweaters, overalls, shoes and gloves
  • Electronics, like loudspeakers, microphones, digital cameras, radio broadcast receivers, headphones, television parts, doorbells, video game consoles, parts for e-cigarette lighters and LED lamps
  • Guns, including revolvers, pistols, military-grade shotguns and rifles, rocket launchers, grenade launchers and muzzle-loading firearms
  • Sports equipment, like golf clubs, tennis rackets, inflatable footballs and soccer balls, ice skates, badminton nets, archery equipment, baseballs, softballs, fishing rods and lacrosse sticks
  • And miscellaneous items, like coffee, tea, meat, sugar, chocolate, baby formula, diapers, essential oils, tobacco, handbags, office and school supplies, calendars, newspapers, printed books, sewing machines, pencil sharpeners, balloons, contact lenses, motorcycles, batteries, alarm clocks and sleeping bags.

The bottom line: There is still time for the U.S. and China to reach another trade cease-fire before these tariffs take effect, but as Bill Bishop of Sinocism notes, China is unlikely to cave on Trump's demands over the next month.

Go deeper: Grading the impact of Trump's China tariffs

Go deeper

25 mins ago - Health

Biden administration to lift travel ban for fully vaccinated international travelers

Photo: Win McNamee/Getty Images

White House COVID-19 response coordinator Jeff Zients announced on Monday that the Biden administration will allow fully vaccinated travelers from around the world to enter the U.S. beginning in November.

Why it matters: The move marks the end of the ban on most European visitors put in place under former President Trump in March 2020.

Dan Primack, author of Pro Rata
40 mins ago - Economy & Business

Gen Z breaks into VC

Illustration: Aïda Amer/Axios

When Meagan Loyst joined VC firm Lerer Hippeau, less than two years out of Boston College, she was still living with her parents. She had virtually no online brand presence, and the pandemic made it impossible to build a professional network via in-person meetings.

Why it matters: Loyst wasn't alone. Venture firms have accelerated hiring in line with record deal activity, often seeking younger investors who can spot trends that fly below the radar (or intrinsic understanding) of older partners.

White House aims to protect workers from extreme heat

Two pear pickers in Hood River, Oregon on August 13, 2021. (Michael Hanson/AFP via Getty Images)

The White House announced a slew of actions Monday, including the start of a rule-making process at the Occupational Safety and Health Administration (OSHA), to protect American workers from extreme heat.

Driving the news: The U.S. just had its hottest summer on record, with triple-digit-temperatures killing hundreds in the Pacific Northwest and exposing outdoor workers to dangerous conditions.

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