The baseline effective duty rate rates have increased exponentially. Chinese goods will skyrocket to104% (combination of 50% hike, the existing34% reciprocal tariff, and the20% fentanyl tariffunder IEEPA) And that’sbeforefactoring inSection 301 (25% or 7.5%),Section 232 steel/aluminum tariffs (25%),Section 201 sectoral tariffs, and variousanti-dumping duties. All imports from Europe are subject to 20% additional tariff. And so on , and so on....
Topics: us customs bond, surety bond crisis usa