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WSJ Your Money Briefing

How You Can Get Around Trump’s Tariffs When Traveling Abroad

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 24 April 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

One way to avoid paying President Trump’s tariffs on imports is to buy those items when vacationing overseas. But there are many rules to navigate to be successful. Wall Street Journal reporter Allison Pohle joins host Janna Herron to explain the ins and outs of sidestepping those duties. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Does it ever feel like you're a marketing professional just speaking into the void?

0:05.4

Well, with LinkedIn ads, you can know you're reaching the right decision makers.

0:09.1

You can even target them by job title, industry, company, role, seniority, skills, company revenue,

0:15.5

and do I say job title yet?

0:17.5

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0:21.4

LinkedIn ads. To get 100 pounds of your first campaign, go to LinkedIn.com slash lead to claim

0:27.2

your credit. Terms and conditions apply. Here's your money briefing for Thursday, April 24th. I'm

0:37.0

Jana Heeran for the Wall Street Journal.

0:43.3

The White House's tariffs are about to make a ton of imported goods a lot more expensive for Americans to buy here.

0:51.3

But savvy travelers could get around some of those additional costs by

0:55.7

buying while abroad. But if you're bringing back bottles of wine from Europe, for example, you're

1:01.7

allowed to bring one liter back duty-free, and then you're going to pay a flat rate duty tax on

1:06.8

the rest of the bottles. We'll talk with Wall Street Journal reporter Alison Polly about the rules

1:12.4

and when they apply to your purchases overseas.

1:15.7

That's after the break.

1:35.3

Amazon offers employees up to £8,000 for education and training, like Juliet. She's now a trained technician. And to her, the sound of machinery in need of repair, reminds her of how far she's come.

1:47.0

In two years, she's landed her dream job, providing her with valuable skills.

1:52.0

That's up to £8,000 for education and training at Amazon.

1:56.0

Eligibility conditions apply.

2:10.4

American shoppers may be concerned about their budgets with President Trump's trade war expected to send prices higher on imported goods. Could buying these items while traveling

2:16.6

abroad be one way around paying those additional taxes?

2:20.9

WSJ reporter Allison Polly joins me to break this down. Allison, let's start with where we are with

...

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