*By Jacqueline Corba*
Proposed U.S. tariffs on Chinese goods are essentially an "attack" against the American consumer, said the Consumer Technology Association's director of strategic communications, Izzy Santa.
"The whole entire internet, and all the devices along with it, will be taxed," Santa said Monday in an interview on Cheddar. "In order for products to work, they need to be connected to the internet and the data centers that support that information are also going to be taxed under tariffs."
Six days of [off-camera hearings](https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/august/public-hearings-proposed-section-301) on the state of the trade wars began Monday with [nearly 360 people set to testify](https://www.bloomberg.com/news/articles/2018-08-20/companies-try-again-to-temper-trump-s-tariffs-in-third-hearings) about the proposed U.S. sanctions on Chinese goods. CTA, along with a number of its member companies, are among those on the docket.
Santa said this is a crucial moment for businesses and the American public to rally against tariffs.
"Now is really the time for businesses to get involved and really dig into their companies and figure out how tariffs are going to impact them," she said. "This is a very important time in history."
A first round of 25 percent tariffs on $34 billion worth of Chinese goods, mostly industrial equipment like water boilers and x-ray machine components, went into effect in July. Levies on an additional $16 billion imports ー which include tractors, speedometers, and motorcycles, kick in Thursday. The Trump administration has threatened to tax an addition $200 billion of more consumer goods like furniture, bicycles, and cradles.
[According to a recent report by the CTA](https://prod1.cta.tech/CTA/media/policyImages/Estimated-Impacts-of-Proposed-Tariffs-on-Imports-from-China_-Printed-Circuit-Assemblies-and-Wireless-Telecommunications-Accessories.pdf), the tariffs may cause consumers to pay up to $3.2 billion more in 2019 for electronic products, including smart speakers, smartwatches, and other Bluetooth-enabled devices. Santa said that costs may rise even higher than the CTA anticipates.
"We just don't know the final hit, because we're still in the proposal stage with the federal government," she said.
For Santa, the stakes ー and the economic repercussions ー are high.
"The economy is going to suffer."
For more on this story, [click here](https://cheddar.com/videos/how-trade-wars-could-impact-consumer-electronics).
Many U.S. consumers say they’ve noticed higher than usual prices for holiday gifts in recent months, according to a a December poll from The Associated Press-NORC Center for Public Affairs Research. A contributing factor is the unusually high import taxes the Trump administration put on foreign goods. While the worst-case consumer impact that many economists foresaw from the administration’s trade policies hasn’t materialized, some popular gift items have been affected more than others. Most toys and electronics sold in the U.S. come from China. So do most holiday decorations. Jewelry prices have risen due to the cost of gold.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
President Donald Trump has signed an executive order to block states from regulating artificial intelligence. He argues that heavy regulations could stifle the industry, especially given competition from China. Trump says the U.S. needs a unified approach to AI regulation to avoid complications from state-by-state rules. The order directs the administration to draw up a list of problematic regulations for the Attorney General to challenge. States with laws could lose access to broadband funding, according to the text of the order. Some states have already passed AI laws focusing on transparency and limiting data collection.
The New York Times and President Donald Trump are fighting again. The news outlet said Wednesday it won't be deterred by Trump's “false and inflammatory language” from writing about the 79-year-old president's health. The Times has done a handful of stories on that topic recently, including an opinion column that said Trump is “starting to give President Joe Biden vibes.” In a Truth Social post, Trump said it might be treasonous for outlets like the Times to do “FAKE” reports about his health and "we should do something about it.” The Republican president already has a pending lawsuit against the newspaper for its past reports on his finances.
President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to “approved customers” in China. Trump said Monday on his social media site that he had informed China’s leader Xi Jinping and “President Xi responded positively!” There had been concerns about allowing advanced computer chips into China as it could help them to compete against the U.S. in building out AI capabilities. But there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia.
House Republicans in key battleground districts are working to contain the political fallout expected when thousands of their constituents face higher bills for health insurance coverage obtained through the Affordable Care Act. For a critical sliver of the GOP majority, the impending expiration of the enhanced premium tax credits after Dec. 31 could be a major political liability as they potentially face midterm headwinds in a 2026 election critical to President Donald Trump’s agenda. For Democrats, the party’s strategy for capturing the House majority revolves around pinning higher bills for groceries, health insurance and utilities on Republicans.
Load More