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'Tariff engineering' is making a comeback as businesses employ creative ways to skirt higher duties
cnbc.com/2025/06/18/businesses-tweak-products-to-qualify-for-lowter-tariffed-categories-.html
Would you be bothered if your coat was officially classified as a windbreaker or a raincoat, or your shoes as slippers? Businesses do care though, as classifications under a preferred category can help them pay lower tariff rates.
As U.S. President Donald Trump imposes duties on friends…
This story appeared on cnbc.com, 2025-06-18 07:24:46.