Here's when American consumers, businesses will feel the sting of 145% China tariffs
1. Trump increased tariffs on China to 145%, causing potential economic repercussions. 2. China retaliated by raising tariffs on U.S. goods to 125%. 3. Uncertainty surrounding tariffs hampers business planning and investment spending. 4. Retailers and farmers are expected to suffer the most under new tariff regime. 5. Historically, high tariffs have not led to increased manufacturing employment.