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		<title>Trump&#8217;s China tariffs could drive up these prices</title>
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					<description><![CDATA[Smartphones, sneakers and board games headline a wide-ranging set of products at risk of price increases as a result of China tariffs imposed by the Trump administration, experts told ABC News. The tariffs, which took effect on Tuesday, slap a 10% tax on all imported goods from China, the third-largest U.S. trade partner. The Trump [&#8230;]]]></description>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC ">Smartphones, sneakers and board games headline a wide-ranging set of products at risk of price increases as a result of China <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/trump-set-impose-tariffs-canada-mexico-china/story?id=118306151" target="_blank">tariffs</a> imposed by the Trump administration, experts told ABC News.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The tariffs, which <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/International/china-counters-trump-announcing-new-tariffs-firmly-opposes/story?id=118428702" target="_blank">took effect</a> on Tuesday, slap a 10% tax on all imported goods from China, the third-largest U.S. trade partner.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The Trump administration had also threatened to impose 25% tariffs on Mexico and Canada, but the U.S. reached an <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/trump-discuss-tariffs-canadian-mexican-leaders-mexico-readies/story?id=118390520" target="_blank">agreement</a> with each of those countries on Monday, pausing the tariffs for one month.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Still, trade experts said they expect the China tariffs to increase prices paid by U.S. shoppers, since importers typically pass along a share of the cost of those higher taxes to consumers. The tariffs could <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Business/prices-climb-days-trump-slaps-tariffs-canada-mexico/story?id=118214584" target="_blank">hike prices</a> for an array of goods, from curtains to saucepans to winter coats.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;If you could light up everything around you that has been touched by Chinese manufacturing or inputs, your whole room would light up,&#8221; Christine McDaniel, a former senior trade economist on the White House Council of Economic Advisers under President George W. Bush, told ABC News.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The exact price impact remains unclear, however, since businesses within the supply chain could opt to take on some or all of the tax burden, some experts added.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The Trump administration did not immediately respond to ABC News&#8217; request for comment.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">In a series of social media posts over recent days, Trump said the tariffs target Canada, Mexico and China for hosting the manufacture and transport of illicit drugs that end up in the United States. In a <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://truthsocial.com/@realDonaldTrump/posts/113934450227067577" target="_blank">Truth Social</a> post on Sunday, Trump urged the three countries to address his concerns, while acknowledging the tariffs may cause some financial hardship within the U.S.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!). BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID,&#8221; Trump wrote.</p>
<h2 class="RxNCg ykkUm PvZ nIjPJ PMXYp LmsHF SfAHY mNgye lNbol LBPRq ">Smartphones, laptops and video game consoles</h2>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Personal electronic devices make up a top category of products imported from China, meaning price increases could impact tablets, smartphones and laptops, experts said. Video cameras, headphones and video game consoles would also be impacted.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The U.S. imported $31.6 billion worth of electronic computers from China over the first nine months of last year, U.S. Census Bureau data showed. Those products accounted for 30% of the total value of U.S. computer imports over that period, the data indicated.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;The consumer electronic sector is heavily integrated across Asia &#8212; China being a huge center of that,&#8221; McDaniel said. &#8220;That would presumably be at the top of the list.&#8221;</p>
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<p><span class="hsDdd OOSI GpQCA lZur VlFaz " data-testid="prism-truncate"><span><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ ">Employees work on a silk production line at a textile factory in Fuyang, in eastern China&#8217;s Anhui province on Jan. 16, 2025.</span></span></span></p>
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<h2 class="RxNCg ykkUm PvZ nIjPJ PMXYp LmsHF SfAHY mNgye lNbol LBPRq ">Tennis shoes and sandals</h2>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Nearly all footwear sold in the U.S. comes from abroad, and much of it originates in China. That set of products includes tennis shoes, sandals and high heels, among others.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The U.S. imports between 96% and 99% of all footwear sold nationwide, the <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://www.usitc.gov/research_and_analysis/tradeshifts/2020/footwear.htm" target="_blank">United States International Trade Commission</a>, or USITC, found in 2020.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">China accounts for about $4 of every $10 in imported footwear sold to U.S. buyers, according to the USITC.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Footwear could suffer significant price hikes since the Chinese firms manufacturing the products often face narrow profit margins, lending them little latitude to take on some of the tax burden, Mary Lovely, a senior fellow at the Peterson Institute for International Economics who studies trade policy, told ABC News.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">If sellers were to pass along the full burden of the tariffs to U.S. consumers, it would amount to a 10% price increase. Lovely said the price hike for footwear could approach that upper limit.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;For items like this, I’d expect the price increases would be closer to 10% than 1%,&#8221; Lovely said.</p>
<h2 class="RxNCg ykkUm PvZ nIjPJ PMXYp LmsHF SfAHY mNgye lNbol LBPRq ">Toys and games</h2>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">As with footwear, almost all toys and games sold in the U.S. are imported. China accounts for the vast majority of those products.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The U.S. imported $18.8 billion worth of toys and games from China over the first nine months of last year, U.S. Census Bureau data showed. Those products accounted for nearly 80% of the total value of U.S. computer imports over that period, the data indicated.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN ">Shares of toy companies fell on Monday in anticipation of the China tariffs. Mattel&#8217;s stock price fell about 4.5% while Hasbro&#8217;s dropped 2%. Each of the companies recovered much of the losses on Tuesday. They both source a lower share of their products from China than the industry average,<a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://www.marketwatch.com/story/toy-maker-stocks-drop-but-heres-why-tariffs-arent-really-much-of-a-threat-to-them-9c7011b3" target="_blank"> MarketWatch</a> reported.</p>
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