How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods from China to the U.S.
It Is Happening Every Day, Every Where
President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods from China to the U.S.
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts.
Starting Friday, goods from China worth up to $800 will be subject to tariffs and more paperwork under new Trump administration rules.
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.