Of the US$300 billion, mobile phones make up the largest portion at US$44.8 billion, followed by laptops at US$38.7 billion, toys at US$11.9 billion, and video game consoles at US$5.4 billion, according to US International Trade Commission figures. Photo: AP

Donald Trump ‘declares war on Christmas’, as new trade war tariff leaves firms with little room to manoeuvre

  • The US president plans to impose 10 per cent tariff on US$300 billion of Chinese goods despite having agreed a ‘truce’ with Xi Jinping at the end of June in Japan
  • Goods targeted for September 1 increase are often given as Christmas gifts, including mobile phones, laptops, toys, and video game consoles
Topic |   US-China trade war

TOP PICKS

Of the US$300 billion, mobile phones make up the largest portion at US$44.8 billion, followed by laptops at US$38.7 billion, toys at US$11.9 billion, and video game consoles at US$5.4 billion, according to US International Trade Commission figures. Photo: AP
READ FULL ARTICLE