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Home 2018 November 16 See How the Prices on Your Favorite Items Could Change After Trump’s Tariffs

See How the Prices on Your Favorite Items Could Change After Trump’s Tariffs

Luggage

Not only will a lot of your favorite things cost more, the things you carry them in appear poised to increase in price. Not only are there a variety of categories of trunks, suitcases and bags included in the list of goods that will have tariffs slapped on them, but plenty of the materials domestic manufacturers might use to make them in-country are as well. All told, the U.S. imports more than $3 billion worth of luggage from China a year, and Samsonite has already warned vendors that tariffs will make them raise prices by 10 percent.

And More: Trump Considering More Tariffs, Says US Can’t Have ‘China Take $500B a Year’

Nov 16, 2018cleverfinance
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