The president-elect made universal tariffs a core tenet of his economic pitch, proposing a specifically harsh rate for Chinese goods.

President-elect Donald Trump’s victory has companies and countries scrambling to avoid looming tariffs on goods imported into the U.S.

Trump has proposed a universal 10% to 20% tariff on imports from all foreign countries and an additional 60% to 100% tariff on imports specifically from China. Retailers that depend on foreign suppliers are preparing to hike prices and pass along the cost of Trump’s proposed import tariffs to consumers.