Tariff on China! But What are “Chinese” Goods?

World Affairs

Trump wants to levy extra tariff on all Chinese goods, but here’s the catch: there are actually a few different types of “Chinese” goods. And if we’re not careful, we will be shooting ourselves and our allies in the foot.

American Goods Made in China: Nike, Coach, GM and countless number of  other American companies manufacture their goods in China and ship them to the US. So while Trump may be happy he’s taxing “China,” he will really be taxing an American company.

00 tariff 1Goods with Global Parts Assembled in China: You can tax an iPhone because it comes from China, but all the valuable stuff in an iPhone really come from South Korea (Samsung), Japan, Taiwan, Germany and the US. China gets only 5% of the value of an iPhone. So if you tax the hell out of an iPhone, you’re really taxing the hell out of our…

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Author: seachranaidhe1

About Me I studied for six months training and became certified in Exam 070-271 in May 2010 and shortly after that became certifed in Exam 070-272. I scored highly in both Exams and hope to upgrade my path to M.C.S.A. ( Server Administrator ) in the near future.I also hold Level 2 Qualifications in three subjects Microsoft Word, Microsoft Powerpoint and Microsoft Spreedsheets. I have also expereance with Web Design using Microsoft Front-Page.

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