Trump's two tiered implementation of his tariffs on Chinese goods is confusing and resulting in complexity for US manufacturers.
A majority of "made in USA" product sources raw materials and/or parts from China.
Many US manufacturers make some of their product line in the USA and source other products offshore including China.
The end result will be a substantial number of products having higher retail prices.
The full extent of the retail price increases will be felt in the 1st quarter of 2019. The true effects on US families and US economy will not be until 2nd quarter of 2019.
It may end up with higher profits for many US corporations and higher prices for American consumers.
A majority of "made in USA" product sources raw materials and/or parts from China.
Many US manufacturers make some of their product line in the USA and source other products offshore including China.
The end result will be a substantial number of products having higher retail prices.
The full extent of the retail price increases will be felt in the 1st quarter of 2019. The true effects on US families and US economy will not be until 2nd quarter of 2019.
It may end up with higher profits for many US corporations and higher prices for American consumers.