Several housewares and home goods categories are in the crosshairs of a potential next round of 25% tariffs that could be imposed by the Trump administration on an additional $300 billion in Chinese-made goods. This follows the 25% tariffs that were imposed on $200 billion worth of Chinese-made products that went into effect on Friday, May 10.
Among the housewares products included among the thousands of items facing the potential of tariffs are tableware, stemware, glassware, cutlery, flatware, electric shavers, electric hair removers, microwaves and coffeemakers.
In addition, other items that could be tariffed are consumables, chemicals, apparel and watches.
A public hearing on the proposed new tariffs to be held by the Office of the United States Trade Representative will be held Monday, June 17, in Washington, D.C.
Matthew Shay, president and CEO of the National Retail Federation, called the new round of proposed tariffs “too great a gamble” for the U.S. economy.
“Slapping tariffs on everything U.S. companies import from China— goods that support U.S. manufacturing and provide consumers with affordable products— will jeopardize American jobs and increase costs for consumers,” he said. “Taxing Americans on everyday products like clothes and shoes is not the answer for holding China accountable.”
Shay called for the U.S. to work with its allies and rejoin the Trans-Pacific Partnership to put pressure on China.
“We urge the U.S. and China to get these critical negotiations back on track. Both sides will lose in a full-blown trade war, and the global economy will suffer,” he said.