U.S. to Stop Collecting Import Tariffs for 3 Months
The Trump administration is preparing to suspend collection of import tariffs for three months to give U.S. companies financial relief amid the coronavirus pandemic, the Wall Street Journal reports."Companies would still be liable for the tariffs at a later date, which hadn’t been determined, an
politicalwire.com
Could be great for importers. This will delay about $30k+ in tariffs I have on products coming soon. Probably $100k over these three months.
Will help a lot for us importers with unpredictable cashflow.
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