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Donald Trump has excluded smartphones, laptops and other consumer electronics from the “mutual” tariff, but 46 of the fiftieth elements on which China relies more than China is still subject to fees.
The analysis of elements with a total import value of more than one billion dollars shows the potential impact that new measures can cause on American consumers.
More than three quarters of video game keyboards, food processors and electric fans that were imported to the United States last year were made last year China. Anyone who hopes to buy games will have to have higher prices. China has achieved 75 percent of dolls, triglycerides, motorcycles and other wheels that are delivered to American consumers from abroad last year.
Mattel, the game maker behind the Barbie doll, warned us not to raise our prices to make up tariff war.
The California -based company, which is also manufacturing Hot Wheels and UNO Card, said that 40 percent of its products were made in China.
Trump administration Exemption decision Smart phones, routers, chip industry devices, computers and laptops come from the so -called mutual tariffs on China after a week of turmoil in the American market.
This victory is great for American technology companies such as Apple, NVIDIA and Microsoft, which witnessed all their stock prices last week. PCs and smartphones were the highest valuable imports from China last year, at a value of $ 74 billion.
The exemption will be especially welcomed by Apple because the largest part of its supply chain focuses on China.
But Trump’s tariff is still a source of concern for shoppers who hope to buy goods that are still subject to 125 percent graphics. Chad Brown, an older colleague at the Peterson International Economy Institute, said the speed and size of measures means that the costs were more likely to move to consumers.
Brown said that the customs tariff on China was imposed “at much higher levels, much more quickly and on many new consumer products” that were not affected during the first period of Trump.
“There is a much greater opportunity for great prices for consumers who buy these types of products today.”
Fees mean that survival during the summer months may be costly for Americans who were not already prepared-nine out of every 10 electric fans from abroad in the United States last year from China, as did 40 percent of the independent air conditioning units. China dominates the global export market for both.
Americans who are considering buying a new microwave will also face a possible price increase; 90 percent of importers to the United States came last year from China, and Beijing controls three quarters of the global export market.
China’s dominance of many global exports means that finding alternative manufacturers will not be easy, according to the former UK Renison, Alli Renison, now at Consultance Secretate.
“American and Western companies have converted their supply chains from China and to other Asian countries in recent years,” she said. “But as many Chinese raw materials and the component parts of the products that they collect, a lot depends on the accuracy of these rules for the product and the suitability of the United States.”
She added: “The challenge is less about finding two alternative suppliers, given many Southeast Asia may already increase the production of industrial goods, and more than the kind of conditions that the United States will set in its agreements with those countries.”
Transfer outside China is especially difficult for electronic products such as gaming keyboards and mobile phones due to the complex supply chains and skill needed to make them.
“The rapid separation will be very difficult, especially for goods such as smartphones where an additional capacity must be created, workers’ training and alternative supply lines of the inputs created,” said Jason Miller, a professor at the University of Michigan University’s Business College.
If Apple keeps the entire IPhone out of India For the American market, it still covers about half of the 50 million models, the company ships to America every year, according to Bank of America and Emsey Mohan.
In general, four out of five smartphones and imported games in the United States were manufactured last year in China. Trump has not excluded some American companies that are exempt from mutual definitions, but worrying about shoppers is that other products may not be available at all.
Miller said: “The largest concern of consumers is that the importers, for fear that they cannot pass along the cost of the customs tariffs of consumers, and stop importing some commodities from China,” Miller said.
Additional reports by Jonathan Vincent
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