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I found this interesting: > Since they are electronics products/components, there’s a chance we may be able to request reclassification on some items to avoid
by snowwrestler 1y ago
I found this interesting:
> Since they are electronics products/components, there’s a chance we may be able to request reclassification on some items to avoid the 125% ‘reciprocal’ tariff, but there’s no assurance that it will succeed, and even if it does, it is many, many months until we could see a refund.
I did not realize exemptions were processed as refund requests. So even if they are granted, it still kills cash flow in the meantime.
- duxup 1y agoThe exemption process probably was never intended to be used in a dynamic / high tariff situation. And to avoid fraud you don't want to just let them off the hook for taxes up front and have them vanish...