US-China trade war shows no sign of ending
The latest round of tariffs that the United States and China imposed on each other went into effect Sunday. The 15 percent U.S. taxes apply to about $112 billion of Chinese imports.
More than two-thirds of the consumer goods the United States imports from China now face higher taxes. The administration had largely avoided hitting consumer items in its earlier rounds of tariff hikes, reports Fox News.
Even more tariffs loom on the horizon. On December 15, the Trump administration is scheduled to impose a second round of 15 percent tariffs — this time on roughly $160 billion of imports. If those duties take effect, virtually all goods imported from China will be covered, including all major Apple products.
The list of tariffs going into effect in September is 122 pages long, covering everything from the strange and dangerous—like “saps and extracts of opium” to “muffin ovens” and “tanks and other armored fighting vehicles”—to “men’s and boy’s suits, knitted or crocheted”, reports Quartz.
Given how much is covered in September , December’s list is much shorter. Only 21 pages, it includes pet toys, pencil sharpeners, umbrellas, and natural pearls (cultured pearls, along with rubies, diamonds and sapphires, will be tariffed in September).
Full list for September 2019:
Full list for December 2019:
More Amazon news
Amazon Alexa vs Google assistant
CES 2019: Amazon vs Google Amazon and Google showed at CES 2019 that they’re going to be in every aspect of our lives. Products that are in cars, home appliances, TVs, alarm clocks and more all have Amazon Alexa and/or Google Assistant built-in. At CES 2019, the...
Amazon is the world’s most valuable public company
Now it’s Amazon’s turn at the top. The 24-year-old company surpassed Microsoft as the world’s most valuable public company on Monday, closing the trading day with a market value of $796.8 billion, reports CNBC. Microsoft, which just passed Apple to take over the top...
Free tools for Amazon sellers
Google Trends Google Trends is a simple but effective way of keeping on top of those all-important trends. Essential for Amazon FBA sellers, the site provides an at-a-glance list of trending stories, complete with historical data, providing a snapshot of what’s hot...