As soon as next week, the Trump administration could impose tariffs on roughly 1,300 Chinese exports worth $50 billion as punishment for alleged intellectual property theft. The company opposes tariffs on its smart TVs, which it says could cause sales to decline. Right now, only some of these products are covered by the proposed tariffs, creating a gap, the company said. GE plans to note that 1,000 of the roughly 1,300 exports under consideration for tariffs would impact the company in some way. Related: Companies make last-ditch appeal to Trump: Tariffs are a bad ideaVista Outdoor is scheduled to appear Wednesday.
Source: CNN May 15, 2018 02:47 UTC