BEIJING — The trade dispute rumbling between China and the U.S. has raised the possibility consumers in Beijing may end up paying higher prices for American beef, liquor and tobacco if Beijing goes ahead with hikes on tariffs for such products.
Below are thoughts shared with The Associated Press by a few Beijing residents.
Yang Shumei, 29, a freelance worker from southwestern China's Guangxi province: "I think this (the threat of a trade war) does influence my life and other areas to a certain extent. I invest in stock markets, and shares have fallen sharply as the risk is high."
Feng Weifeng, 36, a salesman from Beijing: "I believe imposing extra tariffs from both sides is just a temporary measure and a win-win situation is the trend."
THE PRICE-SENSITIVE BUYER
Wang Xiaoyu, 20, student from Beijing, Higher prices "Will definitely influence my decisions. For daily necessities, mobile phones or electrical products, I am more likely to choose domestic brands or choose products with prices the same as those of U.S.-made products before the price hike."