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Trade war impacts on promotional products
28-05-2019
On May 10, President Trump announced via Twitter that the U.S. would raise the 10 percent tariffs on $200 billion in Chinese imports to 25 percent,following through on a threat made if the two sides couldn't reach a deal by March. Four days later, in anothertweet, Trump dropped an unexpected bombshell: The U.S. would soon place 25 percent tariffs on the. other $300billion in Chinese imports.
That $500 billion total represents nearly all the goods the China exports to the USA And it includes almost everykind of promotional product like cooler bags,backpacks, tote bags, drawstring bags and duffel bags .
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