Thursday, March 28, 2019

A Tax on a Tax: U.S. Customs Demands Bigger Bonds as Trade Tariffs Rise


By Reuters
NYT Business Day
Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the Chinese-made pumps, valves and motors he imports.
Published date: March 29, 2019 at 07:16AM
Reuters
New York Times article

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