Here are the gadgets that can be more expensive for Americans
Shoes
Companies in China and Vietname sold shoes to the United States for over the equivalent of SEK 180 billion last year. It is 70 percent of all shoes that the United States imports.
China’s imports are covered with tariffs of 34 percent, according to the latest message from Trump. There are already duties of 20 percent on Chinese goods, which means that the total customs rate will be 54 percent. For Vietnam is announced tariffs at 46 percent.
Computers and tablets
Last year, the United States imported computers and tablets from China, Vietnam and Taiwan worth over SEK 450 billion.
Almost all types of home electronics are likely to increase in price, according to CNN. It’s about everything from wifi routers to household appliances.
American companies that have parts of the production chain abroad are also affected. For example, if Apple were to put all the increased costs on consumers, a new iPhone would cost the equivalent of more than SEK 22,000, according to an assessment from the analysis company Rosenblatt Securities, Reuters writes.
Toys
The US industry organization The Toy Association estimates that about 77 percent of all toys sold in the United States have been manufactured in China.
« It is not an industry that is built to meet customs at this level, » Greg Ahearn, CEO of The Toy Association, told CNN.
Greg Ahearn believes in at least a 30 percent price increase, as the companies have such small margins. However, American consumers will probably not notice the price increases until the end of the summer when new products are taken into the country before the start of school, according to Ahearn.
Clothes
China and Vietnam manufacture a large part of Americans’ clothing, but there is also manufacturing in Bangladesh, India, Indonesia and Cambodia – countries that have also received increased customs rates between 26 and 49 percent.
« Trump’s tariffs will have a great effect on the fashion industry, » Stephanie Gauzens, spokesman for the American fashion industry’s industry organization, told CNN, but without giving any figures on how these can hit prices.
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