Trump's trade war with China is about to start hitting your walletGet the Full StorySean Gallup Getty Images
President Donald Trump's latest threat in the US-China trade war could harm US consumers.
The proposed list of goods that could be subject to a 10 tariff includes many consumer products.
This would cause an immediate price increase on those goods for US consumers.
President Donald Trump's escalating trade war with China could very quickly get very real for millions of Americans.
Trump's tariffs on Chinese goods have so far mostly spared US consumers, focusing instead on industrial materials such as bulldozers or large factory equipment. While those costs would likely indirectly hit average Americans, Trump's latest proposal — which would place tariffs on 200 billion worth of Chinese exports to the US — will hit much closer to home.See the rest of the story at Business InsiderNOW WATCH: North Korean defector: Kim Jong Un 'is a terrorist'See Also:Trump wants to hit another 200 billion worth of Chinese imports with tariffs here's what could get slammedGermany may not be 'controlled' by Russia but Trump did have a point highlighting a growing connection between the 2 countriesTrump kicked the trade war with China into high gearSEE ALSO: Trump wants to hit another 200 billion worth of Chinese imports with tariffs here's what could get slammed
SEE ALSO: Trump kicked the trade war with China into high gear
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