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Trump's next $100 bil tariff dilemma: Hit Wal-Mart or Apple Store?

6 Comments
By David Lawder and Howard Schneider

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6 Comments
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Buy less crap and easily avoid the effect of the tariffs.

That will be the effect, whether by choice or by requirement.

I wonder how much of a price rise people will accept before they start jumping from the trump ship.

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Both. I remember when Walmart carried American brands. Usually, they were more expensive, but they are our neighbors.

I have little love for Apple. Chances are that any added tax on those things won't matter to the people I know using them. And in a few years, Apple will have all US-based manufacturing anyways.

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This trade war is going to get much more brutal. Xi and Trump are playing a game of chicken. Each wants to up the other's ante.

However, having said that, I do hope that this trade war discourages more companies from opening shop in China. China needs to be contained.

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