The U.S. imported some $14.1 billion worth of household appliances from China in 2017, many of which will fall under the new tariff regime. And that’s even before you consider the tariff on residential washing machines that helped boost the cost of the devices by 20 percent, on average, between April and June.
What’s more, if you’re thinking you can duck tariffs just by buying domestic, think again: The tariffs on imported steel and aluminum are likely to mean you’ll be paying more anyway.
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