Corporations are increasingly relying on legalistic measures for dealing with rising U.S. import tariffs. Increased usage of de minimis thresholds – tariffs don’t apply on shipments below $800 – can be seen in a 14.3% year over year rise in such shipments from China in April versus 3.4% from the rest of the world. Exemptions from section 301 duties on $200 billion of Chinese exports can be applied for from Jun. 30, though earlier rounds have only received approval in 24.3% of decisions. There’s been more success in the case of steel and aluminum duties where pr...
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