Escaping Trump’s tariffs has required navigating a ‘broken’ system vulnerable to corruption, businesses and academics say ...Middle East

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By Matt Egan, CNN New York (CNN) — In 2018, Bobby Djavaheri feared his family’s appliance business faced an existential threat from the Trump administration’s tariffs on Chinese air fryers. Djavaheri, president of Yedi Houseware Appliances, consulted with a customs attorney and applied for a tariff exclusion with the United States Trade Representative to avoid the 25% levy on the Chinese imports. Yedi’s application, like most others, was swiftly denied. “They didn’t even give me an explanation,” Djavaheri said, adding that his LA-based company had to lay off workers and cancel plans to expand. “We were on the up and up. And this just halted our growth.” Many US businesses have tri

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Last updated : 26 Nov 2024 clock 01:36 PM

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Escaping Trump’s tariffs has required navigating a ‘broken’ system vulnerable to corruption, businesses and academics say ...Middle East

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