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© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Retailers, shoppers could feel more pain if tariffs spread
By ANNE D'INNOCENZIO NEW YORK©2024 GPlusMedia Inc.
3 Comments
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kurisupisu
Check out the picture!
Rows and rows of boxed plastic that will become landfill within the year.
Who will miss that?
vinarius@pm.catv.ne.jp
America, wake up. Talk is not enough, hard cash is.
quercetum
The Chinese government has since April 2018 maneuvered to reduce the value of the Chinese currency, RMB, by approximately 9.5%, from around USD1: RMB6.3 to USD1: RMB6.9, which pretty much off-set the 10% tariff, meaning US importers do not have to increase their retail prices by as much as 10%.