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US importers race to create bonded warehouses
Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from President Donald Trump's tariffs until they are ready to sell the merchandise.
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LampLighter
Joined 2013/04/13Visited 2025/05/20
Status: user
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More from the article ...
... The U.S. has more than 1,700 bonded warehouses, facilities where imported goods can be held without immediate payment of customs duties such as tariffs, currently 30% for shipments from China. Such fees are only paid when the goods leave the bonded warehouse, allowing businesses to manage funds more effectively at a time of extreme trade policy volatility. ...
#1 | Posted by LampLighter at 2025-05-21 12:45 AM | Reply
@#1
Wait, what?
Pres Trump has repeatedly stated that the exporting countries, e.g., China, are the ones who pay his "beautiful" tariffs.
If that is the case, then why are US companies creating these "bonded warehouses" to apparently sidestep the Trump tariffs?
And, as a follow-up question ...
How long before Pres Trump lowers himself, once again, to yet another trivial comment on his social media about this action by American businesses?
#2 | Posted by LampLighter at 2025-05-21 12:50 AM | Reply
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