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China tariff 'stacking' pushes true cost of import taxes well above 30% on many consumer products
cnbc.com/2025/05/16/china-tariff-stacking-true-cost-import-taxes-above-30percent.html
The Trump administration's trade truce with China that paused the steepest tariffs on Chinese goods isn't offering much of a reprieve to many importers. Stacking of multiple tariff layers already implemented during the trade war has pushed up costs to import retail goods much higher than…
This story appeared on cnbc.com, 2025-05-16 14:25:36.