AAFA questions US tariffs on $200 bn Chinese goods

Backpacks, handbags, purses, wallets, baseball gloves, hats and leather and fur apparel are among the many consumer goods on which 10 per cent tariff would be applicable when imported from China.

“While the association is thankful that the review committee agreed to grant relief for some textiles, this tariff action is cruel to US interests, particularly since companies are only being given one week’s notice and because the tariffs will automatically be increased to 25 per cent after the first of the year,” AAFA president and CEO Rick Helfenbein said in a statement.

“We are extremely disappointed that President Trump has, once again, decided to impose a huge new tax on American consumers and manufacturers,” said Helfenbein. “During the public review process, AAFA and many of its members detailed the extreme damage this new tax will do to our industry, our nearly four million US workers, and to every American family. It seems most of those pleas were ignored.” (RKS)

ALCHEMPro News Desk – India