Aug 2, 2019

The goods Trump's latest China tariffs would impact

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

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Trump's new China tariffs could hit tech hard

Illustration: Aïda Amer/Axios

The tech industry was scrambling yesterday after President Trump announced plans to impose tariffs on the $300 billion worth of goods the U.S. imports from China annually that are not yet subject to such taxes.

Why it matters: Until now, the U.S. has tried to target the tariffs on items that consumers wouldn't feel as directly, but this new round would appear to hit all manner of everyday goods, including nearly all types of consumer electronics.

Go deeperArrowAug 2, 2019

Scoop: How the U.S. decided which China tariffs will be delayed

The U.S. flag flies over a container ship unloading it's cargo from Asia, at the Port of Long Beach, California. Photo: Mark Ralston/AFP/Getty Images

The Trump administration's list of goods from China that won't be subject to a 10% tariff until Dec. 15 is made up of "products where 75% or more of the 2018 U.S. imports of that product were from China," according to an email sent to trade groups from the U.S. Trade Representative Office.

Why it matters: The initial press release from the USTR said certain items would see a delay in taxes "as part of USTR's public comment and hearing process," but it did not specify whether there was a formula involved in the two list designations. The items subject to the Sept. 1 tariff are those that are less commonly imported from China.

U.S. delays impending China tariffs on some products until December

Shipping containers from China and Asia are unloaded at the Long Beach port, California. Photo: Mark Ralston/AFP/Getty Images

The impending 10% tariffs on $300 billion worth of Chinese imports targeted by President Trump in the trade war will be delayed from Sept. 1 to Dec. 15 for certain products, the Office of the U.S. Trade Representative announced Tuesday. Certain products will also be taken off the list based on "health, safety, national security and other factors."

Why it matters: The delay — for items like cellphones, laptops, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing — will help accommodate the holiday rush to ship products from China, easing the financial burden on U.S. importers. The Dow spiked 2% on the news, with the share price of companies like Apple, Best Buy, Dollar Tree, Hasbro and Gap leading the surge.

Go deeperArrowAug 13, 2019