Increased tariffs on Chinese made goods are likely to hit your pocketbook.
Economists from Oxford Economics estimate that current tariff levels will result in a $500 increased cost per year for the average American family.
China responded Monday to the 25% increase on import tariffs with tariffs of their own, and it sent the DOW Jones Industrial Average spinning to a 600 point loss.
During discussion on Rob Sussman's Monday show, several Sussex County residents said that they were OK with paying more for Chinese goods if it meant winning the trade war (click to listen).
What do you think of these increase tariffs? Are you willing to pay more for Chinese goods?