US and China's Tariff War: What to Wait Consumers and Manufacturers

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< P _ngcontent-serverApp-C67 = "" AppinViewport = "" Class = "News-Annotation" >0 ~ Strong _ngcontent-serverApp-C67 = ” The purses of Americans and slow down the economy of the PRC. The introduction of additional duties threatens not only the rise in prices for equipment and cars, but also a violation of global supply chains. 0 ~/P > < p >

< h2 class = "News-Subtitle CKE-MarkUp" > Price rise in US

< P > The potential consequences of the conflict was told by a financial analyst, a member of the Ukrainian Society of Financial Analysts < strng > & nbsp; Andrew Shevchyshyn & nbsp; in & nbsp; columns & nbsp; for & nbsp; 24 channel.

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< p > American consumers can feel the consequences of the tariff war in the near future. According to the expert, it will be the most touched electronics, cars and household appliances. Companies that use Chinese components will be forced to increase the cost of production & ndash; and will probably translate these costs to the end consumer.

< p >< strong > Andriy Shevchyshyn, Financial Analyst:

< p >< Em > According to analysts, the cost of Apple's smartphone can increase by 40 & ndash; 60%, and small components that are not profitable in the US will double. Also increase prices for clothing and shoes < p >< strong > losses for Chinese economy 0 ~/p > < p > on the other hand, Chinese manufacturers, especially those working for export, may encounter a decrease in production and profitability. This will add pressure to China's economy that is already suffering from structural slowdown, debt problems and low domestic demand.

< p > “We already read in the news of the growth of protest moods and stops of some enterprises in China. And this is just the beginning”, & ndash; Notes Shevchyshyn.

< p >< strng > Rare earth metals & ndash; Critical point

< P > The expert pays special attention to the market of rare earth metals, which are critical for the production of high -tech products & mdash; From smartphones to military equipment. China has long controlled most global production and processing of these resources.

< p > “is the G of the technological world. If China restricts access to rare earth metals, it can cause shock in global markets, further rising prices for electronics and slowing production in US strategic industries”, & ndash; explains the expert.