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The goods go into a "bonded" warehouse, as the article says. So actually they do not pay tariffs in Mexico. "Furthermore, Section 321 only applies to small goo
by Miltonfried-man 2y ago
The goods go into a "bonded" warehouse, as the article says. So actually they do not pay tariffs in Mexico.
"Furthermore, Section 321 only applies to small goods (ie. The kinds of FMCGs you find on Temu or Shien) which were never on the radar for tariffs because there's no point [2], and you can't de minimis your way into building a car or steel."
Small goods are worth a lot of money in aggregate. Hope that helps.