Video: Maia Benson on Tariffs and Trade – February 6th, 2025

(Youtube Link)

What matters:

All information comes from trusted government sources. 

• Anything with a Country of Origin (Made in China) will have an incremental 10% tariff levied against it
• Section 321 for Low Value Shipments, under USD $800, no longer applies to Manufactured in China goods. In other words, De minimis entry no longer applied to China Country of Origin goods.
• US consumers will likely see duties and fees in the checkout for the first time.
• There are backlogs at the border that will take time to sort out.
• Imports into the US need 10 digit HS codes and customs documentation – This is time. This is costs.

There are ways to immunize yourself. Other tariffs may be coming. Check out the Trade and Tariff Hub for real time updates. Need help navigating these changes? Contact us today.