Quote:
Originally Posted by Arctic Fox
Will be interesting to see if there is a surge in imports from China in the next two months, with the likelihood of increased tariffs after that.
A bike tire I ordered on-line two weeks ago was sourced direct from China and arrived yesterday, and I suspect WalMart will have a larger number than usual of huge container ships heading our way.
|
Some people do not seem to understand that a 20% tariff on imports from China means a
higher price for the consumer on the items coming from that country i.e. a TV set that costs at Walmart $500 now will cost $600 after the tariffs. In short, it will harm both consumers as well as the the Chinese manufacturers that will experience a lesser volume of sales