CEOs Scramble to Avoid Trump’s Tariffs to Survive His Trade War
- U.S. companies exploring all options for avoiding tariffs
- Tactics include new classifications and altering supply chain
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Paul Shekoski is not sitting idly by waiting for the U.S.-China trade war to end.
Shekoski’s company relies on imports of weather-monitoring devices it has made in China. But last year, it paid more in duties than it made in profit because of President Donald Trump’s tariffs. Now he’s examining every legal option to avoid the duties -- including relocating his production to Mexico.