Holding goods in these special facilities doesn’t allow anyone to evade a tariff, but it does act as a strong hedge against fluctuating tariff rates.

California is filing a lawsuit to challenge President Donald Trump's tariffs, Democratic Gov. Gavin Newsom announced.

Trump imposed 10% tariffs on goods from all countries and higher tariffs for countries the administration says have high barriers to U.S. imports, most of which he later paused for 90 days. He also imposed a 145% tariff on China,