U.S. retail association says tariffs could make football season more expensive

          Source: Xinhua| 2019-10-01 14:43:53|Editor: xuxin
          Video PlayerClose

          WASHINGTON, Oct. 1 (Xinhua) -- A U.S. retail trade association on Monday warned that the U.S. administration's new tariffs on Chinese imports could make this year's football season more expensive.

          "This year, we'll see just how much fans are willing to forego to maintain their football viewing traditions as tariffs drive up the cost of the game," the National Retail Federation (NRF) said in a statement.

          "As this season unfolds, they need to be aware that new U.S. tariffs ranging from 15 to 30 percent will drive up the price of everything from footballs and TVs to portable grills and fanwear," the NRF said.

          According to the retail association, all footballs manufactured in China were hit with an additional 15-percent tariff on Sept. 1.

          Fanwear like jerseys, T-shirts and sweatshirts imported from China are all subject to the new 15-percent tariff, and jackets and hats were already hit with a 25-percent tariff earlier this year, the NRF noted.

          "With 42 percent of all apparel sold in the U.S. imported from China, it will be difficult for American consumers to escape the impact," the NRF said.

          The retail association urged football fans to tell U.S. lawmakers to end the trade war and remove all additional tariffs, which are actually taxes on Americans.

          Tariffs cost American business and consumers 6.8 billion dollars in July, the highest monthly total in U.S. history, according to data released on Sept. 11 by Tariffs Hurt the Heartland, a coalition of more than 150 U.S. associations from every sector of the U.S. economy.

          "These historic tariff increases are what's causing significant uncertainty for American employers, leading to less investment, higher prices and fewer job opportunities," Tariffs Hurt the Heartland spokesman Jonathan Gold said in a statement.

          "You can't budget for a double-digit tariff increase, and you can't plan a business when you're living tweet-by-tweet. The administration needs to use upcoming negotiations to end a trade war that truly has no winners," he said.

          KEY WORDS:
          EXPLORE XINHUANET
          010020070750000000000000011100001384402501
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  亚洲囯产一区二区三区 | 久久五月丁香激情综合 | 亚洲色偷国产一区二区三区 | 伊人久久大香线蕉成人 | 在线视频亚洲精品 | 亚洲日韩在线中文字幕一区 |