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" ... Achieving the $50 billion target is therefore highly unlikely, especially given the limited tariff reductions the United States is offering for Phase One. While Trump agreed to suspend a planned December tariff on about $162 billion in Chinese goods and to cut in half an existing 15% levy on imports worth an additional $110 billion, remaining tariffs will still cover $360 billion in Chinese goods. Almost two thirds of products that Americans buy from China will continue to be tariffed, compared with 1% before the trade war. ... "
" ... For the record, imports coming to the United States generally record an average tariff of 1.4% - but fashion items have been tariffed at a much higher rate (since the 1930 Smoot-Hawley tax was created). Fashion has carried an average mid-teen tariff before President Trump started adding new tariffs. In fact, apparel, travel goods, and footwear represented 6% of all imports coming into the USA, but they have historically been paying 51% of all tariffs collected by the government – and this was long before President Trump added anything on top of that. So now, when you purchase garments that are made in China – consumers pay the original Smoot-Hawley tax - plus the Trump tax – which is borderline unconscionable for the American consumer. (Sounds like Czar-Wars). ... "
" ... Getting tough on China for human rights is one thing. But China’s a big country. The whole country and its companies are not human and labor rights violators. Thousands of companies making thousands of products are tariffed above usual rates right now, not the roughly 9 that are currently subject to import bans by Customs and Border Protection due to alleged human rights violations in the Uyghur autonomous region of Xinjiang. ... "
" ... It could also mean that investors are getting tariffed out. That fatigue could be a double-edged sword as on the one hand market participants may be paying more attention to company fundamentals, such as earnings. But, on the other hand, not paying enough attention to a big issue like the trade war could lead the market to get taken by surprise, which tends to be a negative for stocks. ... "
" ... The second most burdened set of industries import components and final goods that fall under Chapter 84. As noted in the first table, importers of these products paid $6.6 billion more in tariffs in 2019 than they did in 2017. The most tariffed products in Chapter 84 are listed in the table below. ... "