13-06-2019 19:30 via news.yahoo.com

FACTBOX-U.S. companies warn on Trump's tariffs

A host of U.S. consumer companies have warned that costs related to tariffs on goods imported from China will hit their profits.The United States increased tariffs on $200 billion worth of Chinese goods to 25% from 10% in May.President Donald Trump has also threatened an additional round of tariffs on $300 billion worth of goods that would cover nearly everything imported from China to the United States.
Read more »