The Donald’s Tariff War On China: Coming To A Shopping Aisle Near You Soon

That followed a JPMorgan Chase & Co. note to clients estimating that the latest round of tariffs will increase the average cost per U.S. household to $1,000 a year — up from $600 for duties enacted last year. That estimate is in the low range because it was based on a duty rate of 10%, before Trump increased it to 15%.

 

 

 

 

 

 

 

 

 

https://www.bloomberg.com/news/articles/2019-09-01/u-s-tariffs-against-china-due-to-take-effect-sunday