14 May. 2019
A host of U.S. consumer companies on April 21 warned that costs related to tariffs on goods imported from China would weigh on their results.
The United States increased tariffs on $200 billion in Chinese imports to 25% from 10% last week.
U.S. President Donald Trump has also threatened an additional round of tariffs on $300 billion that would cover nearly everything imported from China to the United States.
Pictured: A security officer keeps watch at U.S. food booths at SIAL food innovation exhibition, in Shanghai, China, May 14, 2019. REUTERS/Aly Song