Trump’s tariffs could raise prices on almost everything we buy. Here’s where the biggest hikes could hit.

Shoppers may get hit with price increases.Hero Images/Getty Images President Donald Trump announced new tariffs Thursday on Chinese imports that could trigger price increases on goods including shoes, toys, phones, and car seats. Here’s a list of China-sourced products where shoppers could see the biggest price increases, according to The Retail Industry Leaders Association (RILA), a retail…

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Trump’s tariffs could raise prices on almost everything we buy. Here’s where the biggest hikes could hit.

shopping appliances discount saleShoppers may get hit with price increases.Hero Images/Getty Images

  • President Donald Trump announced new tariffs Thursday on Chinese imports that could trigger price increases on goods including shoes, toys, phones, and car seats.
  • Here’s a list of China-sourced products where shoppers could see the biggest price increases, according to The Retail Industry Leaders Association (RILA), a retail trade group.
  • Visit Business Insider’s homepage for more stories.

Shoppers may soon see higher prices on goods like shoes, toys, phones, and car seats as a result of President Trump’s new tariffs on Chinese imports. 

Trump said Thursday that he plans to impose 10% tariffs on $300 billion in Chinese imports — including footwear, apparel, electronics, and other consumer goods — on September 1.

Many retailers, including Walmart, have warned that higher tariffs on these items would force them to raise prices for consumers.

Read more: Trump’s new tariffs could unleash an avalanche of store closings on the US

“This new 10% tariff is a direct hit on consumer products and family budgets… American families shouldn’t be a pawn in this trade war,” said Hun Quach, vice president of international trade for the Retail Industry Leaders Association, a trade group that counts Walmart, Target and Home Depot among its members.

Shoppers can expect the biggest price increases on items that have a high share of sourcing from China, according to the Retail Industry Leaders Association (RILA), a retail trade group.

Here’s the list of products where shoppers are most likely to see price increases, based on their high share of sourcing from China, according to RILA. 

Exclusive FREE Slide Deck: Future of Retail: Delivery & Fulfillment by Business Insider Intelligence

President Donald Trump announced new…

Trump’s tariffs could raise prices on almost everything we buy. Here’s where the biggest hikes could hit.

Features,Retail,Walmart

Trump’s tariffs could raise prices on almost everything we buy. Here’s where the biggest hikes could hit.

2019-08-02T18:45:59+02:00

2019-08-02T15:39:47+02:00

2019-08-02T18:46:04+02:00

https://static2.businessinsider.de/image/5d4469bf2516e90aa35e361c-500-250/trumps-tariffs-could-raise-prices-on-almost-everything-we-buy-heres-where-the-biggest-hikes-could-hit.jpg

BusinessInsiderDe



President Donald Trump announced new tariffs Thursday on Chinese imports that could trigger price increases on goods including shoes, toys, phones, and car seats.
Here’s a list of China-sourced products where shoppers could see the biggest price increases, according to The Retail Industry Leaders Association (RILA), a retail trade group.
Visit Business Insider’s homepage for more stories.

Shoppers may soon see higher prices on goods like shoes, toys, phones, and car seats as a result of President Trump’s new tariffs on Chinese imports. 
Trump said Thursday that he plans to impose 10% tariffs on $300 billion in Chinese imports — including footwear, apparel, electronics, and other consumer goods — on September 1.
Many retailers, including Walmart, have warned that higher tariffs on these items would force them to raise prices for consumers.
Read more: Trump’s new tariffs could unleash an avalanche of store closings on the US
“This new 10% tariff is a direct hit on consumer products and family budgets… American families shouldn’t be a pawn in this trade war,” said Hun Quach, vice president of international trade for the Retail Industry Leaders Association, a trade group that counts Walmart, Target and Home Depot among its members.
Shoppers can expect the biggest price increases on items that have a high share of sourcing from China, according to the Retail Industry Leaders Association (RILA), a retail trade group.
Here’s the list of products where shoppers are most likely to see price increases, based on their high share of sourcing from China, according to RILA. 

international

President Donald Trump announced new…

Trump’s tariffs could raise prices on almost everything we buy. Here’s where the biggest hikes could hit.

Features,Retail,Walmart

Trump’s tariffs could raise prices on almost everything we buy. Here’s where the biggest hikes could hit.

2019-08-02T18:45:59+02:00

2019-08-02T18:46:04+02:00

https://static2.businessinsider.de/image/5d4469bf2516e90aa35e361c-500-250/trumps-tariffs-could-raise-prices-on-almost-everything-we-buy-heres-where-the-biggest-hikes-could-hit.jpg

BusinessInsiderDe



President Donald Trump announced new tariffs Thursday on Chinese imports that could trigger price increases on goods including shoes, toys, phones, and car seats.
Here’s a list of China-sourced products where shoppers could see the biggest price increases, according to The Retail Industry Leaders Association (RILA), a retail trade group.
Visit Business Insider’s homepage for more stories.

Shoppers may soon see higher prices on goods like shoes, toys, phones, and car seats as a result of President Trump’s new tariffs on Chinese imports. 
Trump said Thursday that he plans to impose 10% tariffs on $300 billion in Chinese imports — including footwear, apparel, electronics, and other consumer goods — on September 1.
Many retailers, including Walmart, have warned that higher tariffs on these items would force them to raise prices for consumers.
Read more: Trump’s new tariffs could unleash an avalanche of store closings on the US
“This new 10% tariff is a direct hit on consumer products and family budgets… American families shouldn’t be a pawn in this trade war,” said Hun Quach, vice president of international trade for the Retail Industry Leaders Association, a trade group that counts Walmart, Target and Home Depot among its members.
Shoppers can expect the biggest price increases on items that have a high share of sourcing from China, according to the Retail Industry Leaders Association (RILA), a retail trade group.
Here’s the list of products where shoppers are most likely to see price increases, based on their high share of sourcing from China, according to RILA. 

international

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