Trump's ultimatum to China could be costly for American families

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Trump's ultimatum to China could be costly for American families

The president Donald trump wants to raise tariffs on all Chinese imports, which may cost US households $ 2,300.

"I am a man who believes in tariffs". Donald Trump does not derogate from this promise made last December. The US president has just hardened the tone against China with whom trade negotiations are underway in Washington. Accusing Beijing of going too slowly, the real estate mogul set fire to the dust this Sunday May 5 on Twitter by announcing that as of the following Friday the tariffs imposed on 200 billion dollars of Chinese products would pass from 10 to 25 %.

Above all, Donald Trump has threatened to extend this new tariff to 325 billion dollars of additional Chinese product, which would effectively tax all imports from Beijing to the United States to 25%.

Such a measure would pose the risk of a considerable increase in the weight of some darling products in the Americans' wallet. Sneakers and different Apple devices, among others.............



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