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
Going out of stock on Amazon
Amazon inventory management Going out of stock Effective inventory management is one of the core principles of Amazon FBA program. Neglecting it will surely cause a number of issues. Going out of stock will make your listing disappear from search results, resulting in...
Free tools for Amazon sellers
1. AMZFinder AMZ Finder – This powerful review management tool is a must-have for the serious Amazon FBA seller. It offers a free auto-email plan for FBA sellers, anyone can have 500 free emails per month. The review management tool helps users to quickly and easily...
Alibaba Launches A Voice Assistant
Can it surpass Duplex by Google? According to Innovation Enterprise, Alibaba impressed delegates with its AI customer service voice assistant which handle calls for its logistics company Cainiao, during a presentation at the 2018 Neural Information Processing Systems...