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China tariffs could raise US consumer tech bills by USD 3.2 bln in 2019 - study

Monday 20 August 2018 | 12:12 CET | News
Additional tariffs on imports from China currently being considered by the Trump administration could result in US shoppers having to pay between USD 1.6 billion and USD 3.2 billion more for electronic devices in 2019, according to a new study by the Consumer Technology Association (CTA). The administration last month imposed tariffs on USD 34 billion of Chinese goods, with additional products under consideration including Chinese printed circuit assemblies and connected devices that would cost the economy USD 520.8 million and USD 2.4 billion annually for the 10 percent and 25 percent

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Categories: General
Countries: United States
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