For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs.
If you’ve ever fixed your own car brakes, the part you bought could very well have been made by Chinese auto parts supplier Judy Zhang.
That’s on top of a 25% tariff imposed during President Donald Trump’s first term, plus 20% tariffs he has imposed on Chinese imports since returning to office in January. Trump announced an additional 34% levy on Chinese imports as part of “reciprocal” tariffs imposed on countries around the world, bringing the total combined tariff on Chinese goods to at least 54%.
Though Trump insists that China, among other countries, will pay for the U.S. tariffs, Zhang and other auto parts suppliers say that the tariffs will most likely be shouldered by American consumers and that they won’t bring manufacturing in their industry back to the United States.
If you’ve ever fixed your own car brakes, the part you bought could very well have been made by Chinese auto parts supplier Judy Zhang.
That’s on top of a 25% tariff imposed during President Donald Trump’s first term, plus 20% tariffs he has imposed on Chinese imports since returning to office in January. Trump announced an additional 34% levy on Chinese imports as part of “reciprocal” tariffs imposed on countries around the world, bringing the total combined tariff on Chinese goods to at least 54%.
Though Trump insists that China, among other countries, will pay for the U.S. tariffs, Zhang and other auto parts suppliers say that the tariffs will most likely be shouldered by American consumers and that they won’t bring manufacturing in their industry back to the United States.
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