W3Schools

The Wall Street Journal: U.S. consumers paying more as effects of tariffs start kicking in

Consumers are paying more for products from recreational vehicles to soda as tariffs on metals and parts put pressure on U.S. manufacturers.

U.S. steel and aluminum prices are up 33% and 11% respectively since the start of the year, as producers and their customers began to price in the tariffs that the Trump administration first applied on foreign-made metal in March. Tariffs on a host of additional imported products from China this month have added costs for companies that use those components to assemble their products in the U.S.

“We’ve had to go to the market a bit more frequently and a bit more aggressively with some price increases as of late,” said Michael Happe, chief executive of recreational-vehicle manufacturer Winnebago Industries Inc.

>>> Original Source <<<

Comentários