Higher Tariffs Ripple Through American Business - The Wall Street Jo...

Higher Tariffs Ripple Through American Business  The Wall Street Journal

The increased tariffs enacted by the U.S. on products coming from China raise the costs for many American companies and threaten their future profits. On Friday, the U.S. raised import tariffs to 25% on $200 billion of Chinese goods, such as circuit boards, microprocessors, vehicle parts and machinery. President Trump also has warned about imposing 25% tariffs on $325 billion in Chinese goods that aren’t currently taxed. Such a move would cover virtually all Chinese exports to the U.S. and spread the pain to consumers. Consumers haven’t felt the brunt of the U.S.-China trade fight since the...