NEW YORK -- Chinese manufacturers account for nearly 100% of U.S. imports of numerous consumer goods, meaning that President-elect Donald Trump's proposed tariffs would almost inevitably leave American consumers with no choice but to pay more, a Nikkei Asia analysis shows.
Trade war
Trump tariffs would inflate prices of Chinese-dominated products: analysis
From toasters to umbrellas, U.S. shoppers would have little choice but to pay more
China accounts for nearly 98% of retractable umbrellas imported into the U.S. If President-elect Donald Trump raises tariffs and prices rise, consumers would have few alternatives for a host of products. © Reuters
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