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If you think the fake-plan tariffs are going to destroy things remember the "de minimus" is going away May 2nd too each little shipment from aliexpress, etc.
by ck2 2y ago
If you think the fake-plan tariffs are going to destroy things
remember the "de minimus" is going away May 2nd too
each little shipment from aliexpress, etc.
will have a tariff of 30% of the "value of the postal item containing goods for merchandise"
with a minimum fee of $50
FIFTY DOLLARS
It purposely kills all overseas shipments of even small items.
How many years until all that made in USA? TEN years? Never?
- insane_dreamer 2y agoThis one I mind less than the other tariffs; it'll stem the flood of low-cost crap that has flooded Amazon / Temu etc.
- ck2 2y agoUm, it's going to "stem" ALL stuff on Amazon/Temu etc No DIY person who needs just one little part is going to pay $50 Not just TVs, fans, radios, etc. ie. I wanted to get some $10 PM2.5 sensors but they will be $50 now
- sidvit 2y agoIf you’re a manufacturer how quickly can you even stand up a factory in the US and train that factory of workers to produce your item? 3-4 years? What’s the chances republicans still control congress by that time? The presidents continued ability to enforce this relies on controlling both chambers because the tarrifs are being put up under an emergency declaration that congress has the power to override. If you don’t think that’ll continue to be the case in 2 years time it seems very difficult to justify the investment, and if markets continue to crater I would think it would further reinforce this
- jvm___ 2y agoWhy would you stand up a factory based on humans? When widget-businessman calls up the companies that install widget making machines they'll get the latest and greatest automated production machines in the least human labor intensive ways possible.
- WarOnPrivacy 2y agoI have a client who imports stock from China. Tariff burdens are forcing changes. Besides dropping some product lines they're moving to offshore local jobs to remote Filipino workers.
- ck2 2y agoBrings up an interesting question if territories like Puerto Rico would finally get some serious investment if they are tariff immune
- WarOnPrivacy 2y agoThat's a interesting thought. I'm going to ask around and see what I can learn.
- jayd16 2y agoIt's 30% or $50 but does it take the high or low?