Chinese-made gloves and mittens sold by Walmart Inc. and other American retailers are also on the list of targets as winter approaches. Chinese watches and jewelry might be next, likely putting pressure on companies such as Fossil Group Inc., which relies on Chinese factories to supply many of its timepieces and specialty items.
In the Pockets
Apple Inc. warned of higher prices on Apple Watches and AirPod headphones if proposed U.S. tariffs on $200 billion worth of Chinese goods kick in. A range of speakers and earphones and more Apple products -- from iPhones to iPads -- could see higher price tags if additional levies are imposed. The company is deeply dependent on Foxconn Technology Group and other suppliers with operations in China for iPhones and other products. “All tariffs ultimately show up as a tax on U.S. consumers,” Cupertino, California-based Apple told the Office of U.S. Trade Representative in a letter this month.
Below the Belt
America imports more women’s underwear from China than from any other country. Last year, Made-in-China bras, girdles, corsets, suspenders and garters sent to the U.S. were worth $1.2 billion, according to trade data. Even budget-conscious American men in the market for underwear and briefs may be out of luck: China is the biggest supplier of those, too. Victoria’s Secret and Hanesbrands Inc. may see costs for many of their intimates rise.
Shake a Leg
It may be time to change workout gear. Gym attire from Under Armour Inc. at Foot Locker and Lululemon Athletica Inc. stores will become dearer if Trump is true to his word. The same goes for the $1.3 billion of pantyhose, socks and other legwear sent to the U.S. from China last year.
On the Run
Former San Francisco 49ers quarterback Colin Kaepernick might get a good deal on Nike sneakers with the company’s new ad campaign. The rest of us may have to pay more for running, tennis or soccer shoes. About $11.5 billion of footwear from China was shipped to the U.S. last year. Getting to work in a downpour will become more expensive with a tax on Chinese rubber boots. And Chinese-made insoles may cost more, too.
This story provided by Bloomberg News.