The trade war to get worse Sept. 1 onward, already cost $10 billion to electronics businesses
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The U.S and China trade conflict will enter a new stage that will begin to hit buyer wallets. According to an official statement in the Federal Register, the Trump administration will boost tariffs on trillions of dollars of imports from China. This will result in higher prices for people in the US for gadgets and other products. Even the top American businesses like Apple are not secure from tariffs.