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Home 2018 May 16 Trade War? 15 Things That Will Cost You More Under Trump’s Tariffs

Trade War? 15 Things That Will Cost You More Under Trump’s Tariffs

2. Televisions

Expect prices to rise 23 percent for TVs imported from China and 4.1 percent overall, said a joint report from the National Retail Federation (NRF) and the Consumer Technology Association (CTA).

A television made in China that costs $250 today would cost $308 if the proposed China tariffs are applied, the report said.

About 47 percent of all TVs sold in the U.S. are imported from China, according to the NRF-CTA report. Televisions from China differ from TVs imported from other countries, it said, so changing sourcing won’t be easy.

May 16, 2018cleverfinance
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