Page 3 - Consumer Items News Today

$63 billion. american entities are paying that. distributors who deal in china. regardless, for the administration, it might offer some flexibility going forward. thats what they say. what do the panelists say? danielle, on whether this buffets the below enough. technically american entities pay that whether they passed that along to consumers. they tried to absorb as much as they can. september 1, a lot of consumer items, for the 10% tariffs. what do you think? >> is correct when the president ...

Round of tariffs that kick in on $300 billion of goods, that will be felt been consumers directly. that happens on consumer items rather than industrial-related items. wanted to clarify that. governments dont pay this. you do one way or another. rich edson is at the white house on all of this. rich? >> good afternoon, neil. the president also saying that china has a lot to do before the united states would consider avoiding the tariffs the president is forecasting that he said he would put on $3...

The idea that all reality imports of counterfeit pirated products into the european union amount to around $121000000000.00 euros a year that represents the value of almost 7 percent of everything imported into the e.u. ripoffs includes shoes toys mobile phones music movies computer games the list goes on youve got to think about all the time and money spent on creating a certain look for the products the branding of consumer items is big business when someone copies them and creates a substanda...

Way -- or incentive to do what, what is the reasoning? because of the economic needs of people that have been impoverished or is it for -- you hope to in many ways encourage them to do entrepreneurship? be specific on what you envision this $1,000 would do? >> here in south carolina, if you can imagine every adult receiving 1,000 a month. it would grow the consumer economy of this state by about 14%. it would create tens of thousands of jobs right here in the communities. what would people spend...

>> we have greater trade with mexico and we have a wider variety of trade with mexico. the thing with our -- with china than necklacmexico. if you take a look at what the proposed next action is, the forth list of items that may be subject to a 25% tariff that could go into sometime this fall, thats going to hit all consumer items, clothing, footwear, everything. we got a situation, when you have companies who are trying to make investment decisions, trying to decide where theyre going to source...

Every one of those items could cost as much as 25% more. if youre -- just stepping back, this is a tax levied on those who import. cars, shoes, pants, ties. all of those consumer items, they are going to absorb that cost or pass it on to the customer. lets not kid ourselves theyll pass it on to the customer. >> dana: this is not in stone yet. the president said this would happen on june 10th. presumably using it as a little leverage. can the president threatening something like this actually aff...

Tariffs, which take effect on china today, thats what he said when the tariffs went into effect. so which is it? are consumers going to, you know, who is going to pay this? >> consumers will pay the increased cost because what the tariffs are in effect, are taxes. and tariffs hit consumers because producers raise costs when they are hit with paying those higher taxes at the border and thats just the reality. what i fear is that the next tranche of tariffs that may go into effect as early as july...

And the north korean saw the response was anger, defiance, upping of sanctions, threats of military action. north korea didnt launch anything since november. still president trump was talking about moving to phase two, this military option if diplomacy doesnt work out. when kim john unlooked at all the factors of play and feeling the effects of these sanctions that are starting to bite, the number of trucks from china, north korea has drop to almost nothing. that will hurt the elite class, the 3...

Explosives in the batteries of electronic devices. the information was obtained over recent weeks and months. the department of homeland security said the intelligence, quote, indicates that terrorist groups continue to target commercial aviation and are aggressively pursuing innovative methods to undertake attacks including smuggling explosive devices in various consumer items. dhs pointed to the february 2016 midair bombing of a somali passenger plane as proof of terrorist groups continued eff...

A u.s. official tells cnn, al qaedas affiliate in yemen was perfecting techniques for hiding explosives in the batteries of electronic devices. the information was obtained over recent weeks and months. the department of homeland security said the intelligence, quote, indicates that terrorist groups continue to target commercial aviation and are aggressively pursuing innovative methods to undertake their attacks including smuggling explosive devices in various consumer items. dhs pointed to the ...