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In EscalatingTrade war, US Consumers May See Higher Prices

Associated Press

   WASHINGTON - The United States and China on Sunday put in place their
   latest tariff increases on each other's goods, potentially raising
   prices Americans pay for some clothes, shoes, sporting goods and other
   consumer items before the holiday shopping season.

   President Donald Trump said U.S.-China trade talks were still on for
   September. "We'll see what happens," he told reporters as he returned
   to the White House from the Camp David presidential retreat. "But we
   can't allow China to rip us off anymore as a country."

   The 15% U.S. taxes apply to about $112 billion of Chinese imports. All
   told, more than two-thirds of the consumer goods the United States
   imports from China now face higher taxes. The administration had
   largely avoided hitting consumer items in its earlier rounds of tariff
   increases.

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