politicsconservative
How A Policy Change Messes Up The Freight Race To The USA
Thursday, February 6, 2025
This has many experts talking about the effect on trade between US AND China. While Beijing has responded with its own set of economic measures, the outcome remains uncertain as there are no current plans for international discussions between leaders.
If you often buy items from overseas, It might be time to consider how your purchases might be affected.
Think about all the low-cost items we've liked to import, For example, items from China that enter the US at a lower cost. Maybe these are electronics, some items to be used around the home, or more likely clothing.
China had been a top exporter under the rule and will be hit the hardest.
New US President Joe Biden is expected to change trade policies like this, but for now, we have to wait and see.
This situation has already prompted the current government to consider new rules that might charge duties and taxes on smaller packages.
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