Wednesday, July 11, 2018

Donald Trump's China Tariffs Don't Apply to Ivanka - Fortune

Donald Trump's China Tariffs Don't Apply to Ivanka

EUROPE FIGHTS BACK AGAINST U.S. TARIFFS
THIS GIANT 'BABY TRUMP' BALLOON WILL FLY OVER LONDON DURING PRESIDENT TRUMP'S VISIT
DONALD TRUMP ANNOUNCES THE U.S. WILL ESTABLISH A SPACE FORCE
By MCKENNA MOORE July 9, 2018
Despite her father’s rallying cry to “buy American and hire American,” 100% of Ivanka Trump’s fashion products were made overseas—at least until early 2017.

And now her goods are avoiding the sweeping tariffs enacted by President Trump in his trade war with China. On Friday morning, Trump implemented $34 billion in tariffs on Chinese goods ranging from auto parts to medical devices, according to the Huffington Post.

Clothing and shoes, like those imported by Ivanka Trump’s company, were spared.

The Office of the United States Trade Representative explained that the goods to be levied with tariffs were chosen based on what would disrupt the U.S. economy the least and have the least impact on consumers. Snopes, the fact checking website, pointed out that imposing tariffs would have a large impact on American consumers because 35% of all apparel imported in 2016 came from China. And 72% of shoes sold in the U.S. are from China, according to the South China Morning Post, citing the American Apparel and Footwear Association.

Many others in the U.S. are already feeling the effects of the tariffs. Soybeans, which represent a huge slice of American agricultural exports, are being targeted as well as cigarettes and dairy products, among other products.

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