Santos González

1 week ago | valleycentral.com | Cora Neas |Kelly Wiley |Jala Washington |Santos González

AUSTIN (Nexstar) — Tariffs applied by the President primarily affect international shipping, and with Texas being responsible for around 20% of U.S. exports, increased fees will impact the state. As of Friday afternoon, the U.S. has a flat 10% tariff on foreign imports. The sole exception is China — the U.S. has a 145% tariff on Chinese imports, while China has a 125% tariff on U.S. imports.

1 week ago | kxan.com | Cora Neas |Santos González |Josh Hinkle |Kelly Wiley

AUSTIN (Nexstar) - Tariffs applied by the President primarily affect international shipping, and with Texas being responsible for around 20% of U.S. exports, increased fees will impact the state. As of Friday afternoon, the U.S. has a flat 10% tariff on foreign imports. The sole exception is China - the U.S. has a 145% tariff on Chinese imports, while China has a 125% tariff on U.S. imports.