how tariffs on china could make your life more expensive personal finance - home appliances suppliers

Be prepared: if the United States continues to impose tariffs on $50 billion worth of Chinese products, these are just products that may become more expensive, and the company has decided to pass on the cost of new taxes to its customers.
On Tuesday, the Trump administration set about 1,300 exports from China, which could be the target in a few months --
Long-term investigation of intellectual property theft
The lengthy list includes a variety of items from aircraft parts to syringes.
The 25% tariff that will apply to all products will not take effect immediately.
The list is not final.
Businesses still have time to lobby the government to remove certain items and add additional products.
But the current list will almost certainly lead to higher prices for consumer electronics and various household appliances --including flat-
Flat-screen TV and dishwasher for home use.
"Based on what we are seeing now, this could have a significant impact on American wallets," said Jack Katz, senior director of business research at the Consumer Technology Association.
Related: China tariffs: artificial teeth, flame florists and other things on the list the office of the US Trade Representative is still working on some key components in electronic equipment (such as LED lights, copper wires, capacitors and resistors.
Companies may ask consumers to pay more to cover higher costs in the supply chain.
"We are consuming the basic components of electronic products," Cutts said . ".
The parts are included in items from computers to printers to smart refrigerators and coffee machines, he said.
The USTR list contains many other inputs from the final product, such as screws, pulleys, and motor parts.
Brad Sether, senior researcher in international economics at the Council on Foreign Relations, said whether the price increase will ultimately depend on the supply of alternatives.
Companies may find ways to avoid tariffs by making more use of manufacturing facilities in other countries such as Brazil and Vietnam.
"Just because Apple is going to spend more money doesn't mean consumers will pay [that much]
More, "said Awi Federgruen, a Columbia Business School professor who studies supply chain management. Related: US-
China's trade war worries: How bad is this?
There is no easy way to determine if the company will decide to raise the price
If so, how much is it.
Still, higher prices in any form can make it difficult for shops and shoppers
Especially during the upcoming holidays.
"These tariffs may be greenage tariffs," said David French, senior vice president of government relations at the National Retail Federation.
He pointed out that retailers will decide in the next few weeks where to purchase the products they sell in December.
At present, enterprises are combing the supply chain to see if it will be affected.
The list of the US Trade Representative office includes many generic manufacturing equipment, so there may be more disclosure about the affected products in the coming days and weeks.
For example, even if clothing, shoes and toys are excluded from the original list, parts and machinery used to make these items may be included, which may affect pricing.
There is also concern that these projects may enter the final draft.
"Items such as clothing and footwear that are not on the list today may pop up or appear on a later list," French said . ".