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Percent lower as this latest round of terrorist is the 1st to directly cover many consumer goods hitting middle class staples like food Apparel Footwear and Consumer Electronics the average tariffs on chinese goods is now over 21 percent compared with a 3 point one percent when president 1st took office it is estimated that these tariffs will cost american households at least a 1000. 00 a year as companies are now increasingly at a loss on how to respond more than 150 trade groups sent letters to trump last week pleading for a postponement this latest round of tears is different as previously the administration has largely avoided hitting consumer items this represents a crucial and election point in the trade war with china as now the tariffs threaten the u. S. Economys main driver Consumer Spending despite h ....

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