Tariffs are a hidden tax on American consumers, Walmart, Apple and other retail giants tell US trade panel
As public hearings continue, the chorus of voices of opposing additional duties on Chinese imports grows louder
An industry group representing Walmart, Target, Apple and other major US retailers has urged the Trump administration to remove more than 650 items from a list of Chinese imports subject to future tariffs, saying US consumers would be the ones hardest hit.
“Consumers, not China, will ultimately be the ones paying the tariffs imposed on millions of consumer products,” the Retail Industry Leaders Association (RILA) said on Thursday.
The request came on the same day that previously announced tariffs on US$16 billion worth of Chinese imports went into effect, adding to the US$34 billion levied last month.
Watch: Origins and impact of US-China trade war
The trade group was responding to US President Donald Trump’s announcement of another round of tariffs on US$200 billion more of Chinese goods.
Mattresses are on the proposed 301 tariff list; 301 is a bed tax. Replacing a light bulb will be more expensive because of the tariff – 301 is a double tax every time you turn on the lights
