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US consumers would pay $4.4 bln more for apparel with additional tariffs

Date: 2019-07-09
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The threatened 25 percent tariff hike on an additional 300 billion U.S. dollars worth of Chinese imports would makeU.S.consumers pay 4.4 billion dollars more each year for apparel, a study released on Friday showed.

The study estimates the impacts of proposed tariff increases by theUnited Stateson categories including apparel, footwear, toys, household appliances, furniture, travel goods and television. It was commissioned by National Retail Federation (NRF), a renownedU.S.retailer association, and was prepared by the Trade Partnership Worldwide.


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