cheryl
Administrator
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How Tariffs and Trade Could Impact Tourism and Summer Travel - NBC DFW
Travel goods could be taxed at 25%, which includes luggage, business briefcases, personal leather goods, handbags and travel/sport bags.
Travel light -- the escalating trade war between the United States and China could have a big impact on preparing for your summer travel plans. Both countries are standing firm on their tariffs, which will impact numerous industries from retail to manufacturing. According to the Travel Good Association, 84% of all travel goods sold in the United States are imported from China.
On May 10, President Donald Trump increased tariffs on U.S. imports of travel goods from China from 10%-25%, therefore all goods entered (imported into the U.S.) on or after Saturday June 1, will be taxed 25%. Travel goods include luggage, business briefcases/computer bags, personal leather goods, handbags and travel/sport bags.
Travel goods could be taxed at 25%, which includes luggage, business briefcases, personal leather goods, handbags and travel/sport bags.
Travel light -- the escalating trade war between the United States and China could have a big impact on preparing for your summer travel plans. Both countries are standing firm on their tariffs, which will impact numerous industries from retail to manufacturing. According to the Travel Good Association, 84% of all travel goods sold in the United States are imported from China.
On May 10, President Donald Trump increased tariffs on U.S. imports of travel goods from China from 10%-25%, therefore all goods entered (imported into the U.S.) on or after Saturday June 1, will be taxed 25%. Travel goods include luggage, business briefcases/computer bags, personal leather goods, handbags and travel/sport bags.