KCMA CERTIFICATIONS: 45+ YEARS OF QUALITY

The U.S. government announced that it will allow companies to defer paying tariffs on many imported goods for 90 days. The deferral doesn't apply to antidumping or countervailing duties or to punitive tariffs on Chinese goods.

It was noted that the executive order requires tariffs to still be paid. The deferment will give companies experiencing severe cash flow problems due to the economic crisis more time to stabilize their financial situations.

Resources: Decorative Hardwoods & The Fence Post