Tariffs On Most Books from China Now 7.5% - Publishers Weekly

As Panzer was napping today he was rudely woken up by clapping and cheering coming from the Catosphere. Jumping in the Panzermobile, our kitty pilot followed all the jocularity to the Publishers Weekly site. There he discovered a post about the U.S. tariff on books from China was the cause of all the noise.

Makes no sense to this little kitty.

The post by Jim Milliot says the U.S. has lowered the tariff (tax) on books from China coming into the country to 7.5 percent from 15 percent. The new lower rate went into effect on February 14. Many U.S. publishers manufacture their books in China and then have them shipped to the U.S.

Panzer says, "The tariff on children's coloring books won't go into effect either."

Note: This is a short-short length post. Bring half a cup of tea for today's reading.

To read the post tootle over to book tariffs