Question:
Do Trump’s new tariffs affect things that were made in China, but were NOT sold from China? As in a toy from Xplus. They are made in China, but are sold and exported by Japan.Answer:
Trumps tariffs are collected by U.S. customs officials when Chinese goods are imported into the US. They are not collected on goods imported from Japan. However, the tariffs have created worldwide perturbations and there may be modest second round impacts on all market prices.
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Last updated on
August 27, 2019