Williams considers sale – terminates ROKiT sponsorship!


Surround Sound: High Tech Meets the Beast Within Us


Spendor A7 loudspeaker


Audio Research LS5 preamplifier & BL2 input controller


Germany’s Scholz sees recovery fund as more than money


Cambridge Audio Edge A integrated amplifier


CH Precision M1.1 power amplifier


PS Audio UltraLink D/A processor


Wisconsinites Flood Open Bars After 'Safer At Home' Struck Down


Coronavirus : "chute vertigineuse" des remboursements en optique et dentaire

Walmart Concerned Trade War Could Hit These Items Hard

  • MEDIATORECONDOMINIALE
  • May 10, 2020
  • News
  • No Comments

Walmart says 26 goods it sells could be hit hard as a result of the most recent tariffs President Donald Trump imposed on Chinese goods. A letter sent by the retailer to Trump and the US Trade Representative warning of the impacts of the tariffs was obtained by Business Insider.

According to Business Insider, Walmart was alarmed by the latest round of tariffs because they included consumer goods for the first time.

The latest round of tariffs on $200 billion worth Chinese goods go into effect next week. The tariffs will start at 10 percent and then rise to 25 percent on Jan. 1. Trump has already imposed 25 percent tariffs on $50 billion in Chinese goods. And China has retaliated in kind, hitting American soybeans, among other goods, in a shot at the president’s supporters in the U.S. farm belt.

Here’s the list of items Walmart says would be most affected by the tariffs, per BI:

    The Associated Press contributed to this report.

    Read more via Business Insider.

    Photo by Renee Schiavone/Patch


    Got Something To Say!

    Your email address will not be published. Required fields are marked *

    BACK TO TOP