Trump on China's strategy is false and threatens the job

Former tariffs imposed by US President Donald Trump in the context of a trade war with China have little impact on consumers, but the implications of the caricatures announced on Thursday will be different.

The president of the American Games Association, Steve Basireb, said in an interview that the latest cartoons "directly affect consumers," adding that "it's a matter of manufactured products, not raw materials".

Trump announced on Thursday that as of September 1, his country would impose a 10% tariff on $ 300 billion of unregistered Chinese imports.

The fee will include a hairdryer, sports shoes, flat-screen TV or wedding dress.

US retailers have been fearing this action for months.

"It's unfair to the American consumer, it's never fair to the factory," said Stephen Lange, director of the Mon Shri Prideles chain for the sale of wedding dresses in New Jersey and president of the Federation wedding apparel industries and end of year celebrations.

Trump warned that it could raise tariffs if Beijing rejected US requests and hinted that it could go "beyond 25%". It's a disastrous vision for Lang.

"There is a lot of friction between this government and the Chinese," Lang said.

Bad strategy

Several professional badociations have criticized the initiative of the US president.

"We support the purpose of the administration to restructure the US-China business relationship, but we are disappointed that its administration is based on an erroneous pricing strategy," said David Francch, vice president of National Retail Federation, in a statement.

"These additional fees will only threaten US jobs and increase the cost of basic consumer goods for US families," he added.

Gary Shapiro, president of a professional group, said that 10% or 25% of decisions were inappropriate.

"The tariffs are taxes paid by the Americans and not by the Chinese government," he said.

Retail stocks fell sharply on Thursday, especially Best Buy, Target, Macs and to a lesser extent Apple and Nike.

Amazon and Wal-Mart also declined, but to a lesser extent compared to their competitors, considered to have more weight with suppliers.

In May, Bert Briggs, chief financial officer of Wal-Mart, said the business divisions had been working on the rates for months and were focusing on "appropriate strategies to mitigate" the consequences, but warned that it was not the case. an impact would be necessary.

Best Buy declined to comment on Thursday, but has already said its rejection of pricing policies since June.

Thursday's decision could threaten consumer spending in the United States, a pillar of US growth that is doing well.

The president of the American Basirp Games Association noted that the impact of the new rates could be somewhat balanced as a number of retailers have been importing goods with caution since the beginning of the year.

Some may seek to mitigate the impact by reducing their margin.

The increase in fees remains a concern, says Basireb, "because if all the goods become more expensive, you will have less money for the games".

"My big concern is that it affects spending in the last three months of the year, which is the most important period for us.