- American shoppers could face $1,000 in extra costs a year thanks to the latest set of US tariffs on Chinese goods, JPMorgan says.
- The Trump administration slapped tariffs on $112 billion worth of Chinese goods on Sunday, and plans to impose duties on another $160 billion in mid-December.
Trump’s newest China tariffs just kicked in — and JPMorgan says they could cost American shoppers an extra $1,000 a year
