Current Affairs

“Tariff surcharges” hit shoppers as Trump’s trade war plays out

like Trump’s commercial war With China grows and possibility High tariff In other countries, companies started traffic Consumer costs.

The White House said on Thursday that China, one of the largest trading partners in America, is facing a tariff rate of at least 145 % on all exports to the United States. On Friday, China responded by raising its tariff on American goods to 125 %.

Trump Temporarily stop In other countries earlier this week, but the others are still in place, including a 10 % tariff on the plane and a 25 % tariff on imported steel, aluminum and vehicles.

Some companies were informed of “additional tariff fees”, ” I mentioned CBS News. It includes Labucq, a brand for high -end shoes that were manufactured in Italy, which announced a 10 % increase in prices starting from April 15 which will increase by 10 % in May, per CBS.

DAME customers, a brand that provides adult games and personal care products, will automatically add $ 5 to customer bills online, for every CBS. “Our entire industry in China, so we have already seen the influence,” Dame CEO Club told CBS Moneywatch.

CBS has announced that Chipmaker Microon and HoneyWell Automation also announced introductory fees. Other companies used definitions as an opportunity to lure shoppers to buy now before imposing more customs tariffs.

It is expected that the steel definitions that entered into force in early April will be done Raise the prices of new cars Thousands of dollars. But it seems that it adds value to the used cars.

Bloomberg mentioned a porter It paid slightly more than $ 30,000 in November for 522 Honda CR-V hybrid with 41,000 miles on a distance meter. Porter reported last week that he had received a “injured call from the agency manager who sold CR-V.”

“I need to buy your car, sir, and I am ready to pay much more than I paid for it,” he quotes Porter from the director.

The director said that he needed to renew his store from used vehicles that were dwindling due to the definitions, according to Porter.

“It was just a kind of car he could sell immediately,” Porter said.

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