Tariff Truce Spurs 90-Day Rush To Move Products Out of China
Adam Leeb is rushing to ship $700,000 of electronic typewriters from China while the trade truce holds.
After forking over $23,000 for tariffs in March when President Trump hit Chinese goods with a new 20% levy, Leeb, a Detroit business owner, decided to pause shipments altogether when the administration then pushed tariffs to an eye-watering 145%.
Now that a 90-day truce agreed between Washington and Beijing this month has brought that down to 30%, Leeb's company, Astrohaus, which makes typewriters, keyboards and other...
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