President Trump is easing off at the border and deferring some duties and fees on imports for 90 days. 🔐
President Trump is easing off at the border and deferring some duties and fees on imports for 90 days — but he’s not giving up his trade war for the coronavirus fight.
The three-month deferment will cover payments for goods imported in March and April and be available to companies seeing “a significant financial hardship.”The duty deferrals, though, don’t apply to goods associated with antidumping and countervailing duties and Section 201, 232 or 301 trade remedies — the trade war tariffs are still on in full.
Importers welcomed the news of the duty deferrals, but pushed for more, and the key textile trade group viewed the move skeptically. Lamar also called for additional stimulus measures, including more funding for the Paycheck Protection Program, inventory tax credits and main street lending for all.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Could COVID-19 Usher in a New Era of Responsibility in Fashion? An Urgent Opportunity for Sustainability and Ethics'As we take steps to recover and rebuild, we have an opportunity and obligation far greater than applying bandaids to a flawed system.' Another Tomorrow's Vanessa Barboni Hallik on why COVID-19 pandemic should lead to more responsible fashion production.
Read more »
Coronavirus blood treatment to be triedThe hope is blood from coronavirus survivors could treat hospital patients ill with Covid-19.
Read more »
PHOTOS: Nurses on the frontline in the fight against COVID-19The coronavirus pandemic has put nurses on the frontline in the battle against COVID-19.
Read more »
Finneas, Stephen Marley Pay Tribute to Bill Withers in LivestreamFundraiser for late musician helped benefit musicians affected by COVID-19 pandemic
Read more »