Update on tariffs for publishing

As I wrote last week, US publishing has escaped the worst of the tariffs, but that doesn’t mean publishing is unaffected by the tariffs that remain. US publishers obtain paper and manufacturing materials from other countries, particularly Canada. However, paper from Canada and Mexico—if it is wholly grown, produced, or manufactured in those countries—is exempt from tariffs. For US publishers that produce puzzles and toys in China, they are subject to tariffs of 145 percent.

Don’t forget that other countries have placed retaliatory tariffs on US exports, which may include books. For now, Canada, Australia, and Singapore are not placing tariffs on books coming from the US. But the UK’s 10 percent tariff on all goods does apply to books.