ALBAWABA – Based on the ongoing tariff war between the United States (US) and China, Bloomberg conducted a detailed study featuring the most affected goods and products impacted by the recently imposed tariffs worldwide.
Recently imposed tariffs
Notably, The United States (US) President, Donald Trump, announced the impose of new tariffs that significantly impacted China with an additional 50% total of tariff, bringing the overall total to 104%.
This decision immediately affected China's economy and its demand for oil imports. In response, China announced a 34% tariff on American products and goods.
Trump’s recent tariffs are fueling a global economic conflict, contributing to recession, inflation, and reduced oil demand in China, the US, and worldwide.
The United States (US) President, Donald Trump, announced the impose of new tariffs that significantly impacted China with an additional 50% total of tariff, bringing the overall total to 104%. (Shutterstock)
List of the most affected good and products globally
According to Bloomberg, China is considered one of the main suppliers of many goods and products used by Americans.
Smartphones—specifically Apple iPhones, products, and devices—top the list, with a total value of approximately $41 billion. It is worth noting that the United States (US) imports 70% of its smartphones from China.
China also exports nearly 90% of the video game consoles sold to the United States. Other imports from China include toasters, blankets, calcium, alarm clocks, umbrellas, thermoses, artificial flowers, LED lights, and clothes hangers. Additionally, the United States (US) imports scandium, yttrium, and fur from Chinese companies.
