Core Viewpoint - The Trump administration is expanding the scope of tariffs on various products, including white goods, which are now subject to a 50% tariff due to their classification as "derivative products" of steel and aluminum [1][2][3]. Group 1: Tariff Implementation - Starting June 23, the Trump administration imposed a 50% tariff on white goods such as washing machines, dryers, refrigerators, dishwashers, and microwaves [2]. - White goods are classified as "derivative products" of steel and aluminum, leading to tariffs based on their metal content [3]. - Approximately 20% of imported refrigerators in the U.S. come from Mexico, and 10% from South Korea, with over 20% of certain products imported from China [3]. Group 2: Impact on Imports and Prices - The cumulative tariff burden on products from China could approach 100%, which may not be fully absorbed by companies and could lead to increased retail prices [3]. - The Trump administration has previously expanded the list of products subject to steel and aluminum tariffs, including beer cans in April [3]. Group 3: Government's Stance and Future Implications - The U.S. government has not clearly defined the relationship between the newly taxed products and national security, despite the tariffs being justified on those grounds [3]. - The nature of "derivative products" has changed under the second Trump administration, indicating a stronger intent to protect domestic industries through expanded tariffs [3][4]. - The U.S. Department of Commerce has begun accepting applications for additional product categories to be included under the steel and aluminum tariffs, suggesting a proactive approach to expanding tariff applications [4]. Group 4: Concerns Over Future Tariffs - There are concerns that future tariffs could extend to other sectors, such as semiconductors, potentially including everyday consumer electronics like smartphones and personal computers [5]. - The South Korean government has expressed concerns to the U.S. Department of Commerce, advocating for the exclusion of daily consumer goods from tariff applications [5].