From Monday, 200-billion dollars worth of Chinese goods entering America will be subject to a new 10 percent tariff. That will rise to 25 percent in January. And the White House has signaled it's ready to impose even more import duties. If it does, Washington will be taxing an amount roughly equivalent to all Chinese goods shipped to the U.S. last year. One American company that relies almost exclusively on China to manufacture its inflatable boats, now has a sinking feeling about its ability to survive. CGTN's Nick Harper reports from Port Jefferson, New York.

For more than 50 years Sea Eagle has managed to keep its head above water. But the latest set of tariffs is threatening to sink this family-run business.

JOHN HOGE VICE PRESIDENT, SEA EAGLE "It will certainly cost us jobs. Almost everything we sell is on that list now and it's simply going to mean that we're going to have, we calculated $1.1 million dollars in extra taxes in 2019. It would be a massive tax increase on our products."

The U.S. administration has placed almost 6,000 products on the latest list. But two categories in particular concern the company - 'inflatable boats' and 'boat parts'. Sea Eagle is a American company. But nearly all of the 30 inflatable boats and kayaks it designs and sells are manufactured in China. It's a cost the company says it will have to pass on to his customers. As a keen fisherman, employee Dan Dejkunchorn says the tariffs will impact all aspects of his life.

DAN DEJKUNCHORN GENERAL MANAGER, SEA EAGLE "It's quite stressful for me as well as the other employees in the company. Our lifestyles and livings depend on this. And that's just one side of it. I'm a born and bred waterman, so my relief comes from the water, and if I can't be on the water, I'm no good to anybody."

NICK HARPER NEW YORK "Over the years Sea Eagle has managed to weather the storms of economic downturns and even recessions.  And it's now hoping that it will still be able to stay afloat."

The company's lifejackets could help with that. They are not threatened by tariffs. But they, too, are made in China. And the company fears they will be included in the next round of tariffs threatened by Donald Trump, totaling $267 billion dollars of Chinese goods.

JOHN HOGE VICE PRESIDENT, SEA EAGLE "If the price of safety equipment goes up, people are going to buy less of it. People are maybe going to look at the lifejacket that has been around for a few years and needs replacing and decide not to."

Sea Eagle now hopes the profitability of this lifesaving product - for both the company and its customers - will be enough to stop the company from going under. Nick Harper, CGTN, Port Jefferson, New York.