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U.S. domestic retailers,................>

CHINA PRESS
CHINA PRESS: U.S. domestic retailers, manufacturers and consumers have borne 90%
of the additional tariffs that the U.S government has put on Chinese exports
since August 2018, Xinhua News Agency reported on Monday. Citing research by the
Institute of World Economics and Politics, CASS, the Xinhua report said that in
the latest tariff hikes covering a total of 6081 items valued at $200 billion,
there are 1150 items which for which the U.S. relies on China for more than 50%
of its imports. Only 124 of the items impacted by the U.S. tariffs are items for
which Chinese exports to the U.S. account for more than 50% of total exports.
The Xinhua report said the U.S. is more reliant on Chinese goods and raising
tariffs will push domestic U.S. prices higher.

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