Trump's tariffs could raise prices on almost everything we buy. Here's where the biggest hikes could hit.

Hero Images/Getty ImagesShoppers may get hit with price increases.
  • President Donald Trump announced new tariffs Thursday on Chinese imports that could trigger price increases on goods including shoes, toys, phones, and car seats.
  • Here’s a list of China-sourced products where shoppers could see the biggest price increases, according to The Retail Industry Leaders Association (RILA), a retail trade group.
  • Visit Business Insider’s homepage for more stories.

Shoppers may soon see higher prices on goods like shoes, toys, phones, and car seats as a result of President Trump’s new tariffs on Chinese imports.

Trump said Thursday that he plans to impose 10% tariffs on $US300 billion in Chinese imports – including footwear, apparel, electronics, and other consumer goods – on September 1.

Many retailers, including Walmart, have warned that higher tariffs on these items would force them to raise prices for consumers.


Read more:
Trump’s new tariffs could unleash an avalanche of store closings on the US

“This new 10% tariff is a direct hit on consumer products and family budgets… American families shouldn’t be a pawn in this trade war,” said Hun Quach, vice president of international trade for the Retail Industry Leaders Association, a trade group that counts Walmart, Target and Home Depot among its members.

Shoppers can expect the biggest price increases on items that have a high share of sourcing from China, according to the Retail Industry Leaders Association (RILA), a retail trade group.

Here’s the list of products where shoppers are most likely to see price increases, based on their high share of sourcing from China, according to RILA.


Clothing

Rachel Askinasi/Business Insider

Out of all US imports, China supplies more than 85% of women’s cotton sweaters, 77% of girls’ cotton sweaters, 69% of men’s cotton sweaters, and 45% of all baby garments and clothing accessories.


Shoes

Irene Jiang / Business Insider

China supplies 52% of all leather footwear imports.


Toys

Associated Press

Some 85% of all toys sold in the US are imported from China, according to The Toy Association.


Consumer electronics, including mobile phones, laptops, tablets, and televisions

Business Insider/Jessica Tyler

Bedding, quilts, blankets, sheets, baby blankets, comforters, throws

Shoshy Ciment/Business Insider

Car seats and booster seats


Party supplies and favours, Easter eggs, Halloween costumes, and Easter baskets

Sarah Schmalbruch/INSIDER

Christmas ornaments and decor

Christopher Furlong/Getty Images

Pool floats and air mattresses

Shutterstock/Jacob Lund

Food storage, tumblers, portable beverages, and water bottles


Curtain panels, window sheers, and drapes

Shoshy Ciment/Business Insider

Artificial flowers, wreaths, Christmas trees, and garlands

Shutterstock

Patio umbrellas and patio furniture

Getty Images/Christopher Furlong

High efficiency dual flush toilets and other toilets


Charcoal grills and smokers


Lighting

Shoshy Ciment/Business Insider

Ceiling fans

Daniel Goodman / Business Insider

Power tools, including drills, grinders, saws, sanders, routers, and batteries


Bras

Bethany Biron/Business Insider

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.