Are tariffs grandfathered?

Discussion in 'Economics' started by Here4money, Nov 12, 2018.

  1. Here4money

    Here4money

    I'm thinking of buying some equipment from China. I can collocate there in the mean time and have it shipped later to avoid getting hit with tariffs but don't know if they apply the day of purchase (grandfathered) or the day I take possession at customs (later);
     
  2. zdreg

    zdreg

    the newspapers mentioned that companies are rushing to have goods delivered before tariffs take effect. imagine the fraud if it was based upon purchase date.
    here is an explanation in reverse for exports
    https://2016.export.gov/logistics/eg_main_018130.asp
    it will apply to imports the US.

    in any case call a custom's office or any import forwarder to confirm.
     
    Last edited: Nov 12, 2018
    tommcginnis likes this.