U.S. Government Tariffs and Impacts on Purchases
The United States Government and the government of China are currently involved in a trade dispute which is resulting in tariffs being placed on Chinese-made goods. The Princeton Office of Finance and Treasury has developed a resource sheet to permit our researchers to understand the impact the tariffs may have and suggests mitigation steps to minimize their impact on research budgets. Additionally, the Government has also imposed a 5% tariff on goods from Mexico. These tariffs may incrementally increase over time. The F & T resource sheet for these tariffs provides the details needed to manage the purchase of goods from Mexico.