tariffs go into effect later this month. they start at 10% and jump to 25% at the end of the year. combined with tariffs enacted earlier this year, half of all products china sells to the united states is subject to american tariffs. that means you pay more for a number of things. items like tech products and routers and circuit boards and i.t. equipment. it is bad news for facebook and google which rely on the data computer centers products. apple caught a break. apple watch is exempt for now. china will take counter measures, but no specific measures yet. dow and s&p closed lower yesterday on the renewed trade tensions. futures right now are looking up. for the first time in more than a decade, companies are spending more on stock buyback than job creating investment. in the first half of 2018, s&p