Money Trump’s threatened tariff hike to 25% on Chinese goods would hurt consumers, the economy May 7, 2019May 7, 2019 Paul Davidson, USA TODAY Comments Off on Trump’s threatened tariff hike to 25% on Chinese goods would hurt consumers, the economy President Trump's plan to Increase tariffs on Chinese imports from 10% to 25% would hurt US consumers and economy. Hit to U.S. growth would triple,