The nation’s retail associations are not happy with the Trump Administration’s announcement of additional tariffs on appliances and other consumer electronics imported from China.
“As we’ve said all along, tariffs are taxes on consumers and a drag
on the nation’s economy,” said Matthew Shay, president and CEO, National
Retail Federation. “While we are pleased that many everyday products
such as clothing and shoes are not on the list, we remain concerned that
other goods such as consumer electronics and home appliances are
targets. And we believe that tariffs on certain machinery will make
American-made products more expensive.”. . . more