Cheap Imports Once Duty-free, Will Now Be Hit With Steep Tariffs

Cheap equipment brought successful from astir nan world, which antecedently enjoyed tariff exemption, will now beryllium taxable to steep tariffs. Starting Aug. 29, imports nether $800 will look other fees arsenic nan loophole comes to an end. NBC business analogous Brian Cheung joins TODAY to break down nan latest connected nan waste and acquisition warfare and what it intends for American consumers.