Trump official announces 'transitory' taxes for the next six months

7 months ago 32

investinglive.com

investinglive.com

Trump official announces 'transitory' taxes for the next six months

  • LOL, taxes are never transitory (pro tip)

Tariff Trump

Senior Trump administration official:

  • Package shipments to U.S. to face flat duties of $80–$200 for six months before shifting to specific duty rates

This is in relation to Trump's removal of the 'de minimis' exemption on buying low value products from overseas. US consumers will now be taxed a minimum of $80, and up to $200, for ordering such items from offshore now.

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