New Tariffs On Chinese Goods Take Effect At Midnight Saturday

The video discusses the 15% tariffs imposed on various items due to the US-China trade war. These tariffs are expected to impact consumers as companies may pass on higher prices. Apple is notably affected, with tariffs on products like AirPods and iMacs, though it's uncertain if prices will rise. The original tariff list included $300 billion in imports, but some tariffs were delayed or removed. China retaliated with its own tariffs, and another round of US tariffs is expected in December.

What percentage of tariffs was applied to items like firearms and electronics?

• 15%

• 10%

• 25%

• 20%

Which company is mentioned as being significantly affected by the tariffs?

• Apple

• Microsoft

• Samsung

• Google

What is Apple's usual approach to dealing with increased costs due to tariffs?

• Reducing product quality

• Expanding product lines

• Increasing product prices

• Maintaining profit margins

What was the total value of Chinese imports originally included in the tariff list?

• $100 billion

• $200 billion

• $300 billion

• $400 billion

When is the next round of US tariffs against China expected to be implemented?

• Early February

• Mid December

• Late January

• Early November