Existing Chinese tariffs made business difficult — recent retaliation made it unsustainable. By Tracie Sullivan, For Iron County Today When Utah Iron abruptly shuttered its mining operations in Iron County Wednesday, some were quick to point fingers at President Donald Trump, blaming his tariff policies for the closure. But…
Really confused at the business owner saying his company is paying the tariffs. Did they get into a contract with a clause that makes the exporter bear the tariffs+fees to the destination country?? More likely I’m guessing that the buyer just sent a call saying the deal is off or had a strict price limit, but if it’s the former case that’s some remarkable business sense and foresight 🤦♀️
(I suppose it’s also possible that China’s tariff policy works a little differently. I’m not an expert on the subject)
Really confused at the business owner saying his company is paying the tariffs. Did they get into a contract with a clause that makes the exporter bear the tariffs+fees to the destination country?? More likely I’m guessing that the buyer just sent a call saying the deal is off or had a strict price limit, but if it’s the former case that’s some remarkable business sense and foresight 🤦♀️
(I suppose it’s also possible that China’s tariff policy works a little differently. I’m not an expert on the subject)
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That makes sense, thank you
Is DAP the same as FOB?
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