From hammers to hair clippers: How Trump’s trade war with China will affect you [MarketWatch]
Universal Corporation (UVV)
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Source: MarketWatch
From hammers to hair clippers: How Trump’s trade war with China will affect you The Trump administration enacted new tariffs on $200 billion worth of Chinese goods effective Monday. The list includes clothes dryers, seafood, carpet, shampoo, hammers, and even gift wrap and dog leashes. China responded with tariffs on $60 billion of U.S. products, including frozen vegetables and aircraft. But China’s tariffs on U.S. goods are between 5% and 10%, whereas the U.S. tariffs start at 10% and will rise to 25% at the beginning of 2019. China’s retaliatory tariffs may not affect consumers immediately, but would impact American small businesses and farmers, experts say. “With these latest tariffs, many hard working Americans will soon wonder why their shopping bills are higher and their budgets feel stretched,” said Matthew Shay, president and chief executive officer of the National Retail Federation, a trade association with members including department stores, chain restaurants and grocery st
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- Universal Corporation Reports Third Quarter ResultsPR Newswire
UVV
Sec Filings
- 3/20/24 - Form 3
- 2/13/24 - Form SC
- 2/9/24 - Form SC
- UVV's page on the SEC website