Nhis new tariff
You're referring to the new tariffs imposed by the United States government!
The "new tariff" you're likely referring to is the 25% tariff on $250 billion worth of Chinese goods, which was announced by the Trump administration in May 2019. This tariff was implemented in two phases, with the first phase taking effect on May 10, 2019, and the second phase taking effect on August 23, 2019.
The tariff applies to a wide range of Chinese goods, including:
- Electronics: smartphones, laptops, tablets, and other electronic devices
- Machinery: industrial equipment, robotics, and other machinery
- Furniture: home furnishings, bedding, and other household items
- Toys: dolls, action figures, and other toys
- Clothing: apparel, shoes, and accessories
- Textiles: fabrics, yarns, and other textile products
- Footwear: shoes, boots, and other footwear
- Furniture and bedding: mattresses, pillows, and other bedding products
- Musical instruments: guitars, violins, and other musical instruments
- Sports equipment: bicycles, golf clubs, and other sports equipment
The tariff is intended to pressure China to make concessions on issues such as intellectual property protection, forced technology transfer, and market access. However, the tariffs have also been criticized for potentially harming American consumers and businesses, as well as disrupting global supply chains.
It's worth noting that the tariffs are not a one-time event, and the Trump administration has continued to impose new tariffs on Chinese goods since the initial announcement. The ongoing trade tensions between the US and China have led to a series of retaliatory measures, including tariffs on American goods and services.