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.

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