Prepare to pay more for your next TV.
The Trump administration’s proposed tariffs on Chinese imports include a 25% levy on TV’s and related components. A report commissioned by two trade associations says the levy could push up television prices in the U.S. by 4% overall, and by 23% for those from China. It isn’t clear whether manufacturers or retailers would shoulder the added costs or pass them along to consumers.”
“Like all companies, we are monitoring the situation try closely and assessing the potential impact to ur business and our guests,” a Target spokesman said. The tariffs are subject to a public-comment period before the administration decides whether to implement them in coming months.
WSJ April 26, 2018