Toll of Trump’s trade war mounts ------------------------------------ President Trump claims that China pays tariffs he has imposed on Chinese goods Tariffs are paid by U.S. importers and consumers ------------------------------------ $38.2bn 25% tariffs on $152.9bn of consumer goods imported from China ------------------------------------ $28bn Trump administration’s bailout to U.S. farmers Jul 2018-May 2019: U.S. soybean exports to China fall 77%, from $11.2bn to $2.5bn ------------------------------------ $15.6bn Tariffs on technology imports ------------------------------------ Growing cost of consumer goods Apparel $4.4bn Footwear $2.5bn Toys $3.7bn Appliances $1.6bn Furniture $4.6bn Travel goods $1.2bn ------------------------------------ Tech price rises Cellphones $70 Laptops $120 Games consoles $56 ------------------------------------ $5.6bn Cost of steel and aluminium tariffs to U.S. manufacturers ------------------------------------ $2.2bn Increased cost of Chinese auto parts to General Motors, Fiat Chrysler, Caterpillar and Harley-Davidson ------------------------------------ U.S. imports from China: $539.68 billion (Jan-Dec 2018) ------------------------------------ Jul 2018: Tariffs of 25% on $34bn of mainly agricultural products Aug: 25% tariffs on $16bn, including industrial products Sep: 10% tariffs on $200bn of products, including $152.9bn of consumer goods May 2019: Tariffs raised from 10% to 25% Aug 1: Trump announces 10% tariffs on remaining $300bn of imports Aug 5: China lets yuan slump below key 7-per-dollar level ------------------------------------ Sources: American Action Forum, Consumer Technology Association, National Retail Federation, Reuters, U.S. Census Bureau, White House Pictures: Associated Press © GRAPHIC NEWS