4 ms·

Fair, maybe redefine is not the right word? Rework the incentive structure. From my point of view there is a lot of effort being expended for negative return

Fair, maybe redefine is not the right word? Rework the incentive structure. From my point of view there is a lot of effort being expended for negative return for the average citizen. Its going to be interesting to see what happens now that China is out as long as these tariffs hold (stay in law and are actually abided). I hope the end result isn't running back and begging for mercy.

JumpCrisscross 1y ago
> China is out as long as these tariffs hold Are we actually tariffing China? I thought Trump chickened out on that.
- franktankbank 1y ago
  Goddamnit are you serious? You probably know better than I. I swear I heard some stupid high number on NPR yesterday.
  - BrawnyBadger53 1y ago
    The answer is, it depends on the good. It's not a single number, de minimis is gone though.
  - JumpCrisscross 1y ago
    > Goddamnit are you serious? Yup [1]! It’s higher than it was before. But well below other countries’. [1] https://www.supplychaindive.com/news/us-china-tariff-pause-extension-negotiations/754175/ https://www.supplychaindive.com/news/us-china-tariff-pause-e...
    - SpicyUme 1y ago
      It's 30 percent higher than last year, plus additional tariffs on certain things. We've (temporarily? tune in two months!) backed away from the 150% or whatever number but that increase is still hanging over everything. And doing tariff rate and schedule policy by whim is a terrible idea independent of whether you agree with tariffs as a policy. I'm mixed on them honestly, which doesn't sell myself to any group it seems. But I think they exist as a semiuseful tool that can be hard to gauge and should be used carefully. The stacking 50% tariffs on aluminum and steel(deal with this one less, it might be lower?), plus adding new harmonized codes to the tariffed list is a pain in the dick. Visiting friends this weekend we were talking about how they could undercut my sales by being in Canada and having substantially lower cost of goods..
      - tmountain 1y ago
        It seems like it's less about the actual percentages at this point and more about ongoing uncertainty paralyzing businesses. You can't do any long term planning in this climate, and that puts everything on pause across a wide spectrum of industries, which is objectively bad for the economy.

JumpCrisscross 1y ago

> China is out as long as these tariffs hold Are we actually tariffing China? I thought Trump chickened out on that.

franktankbank 1y ago
Goddamnit are you serious? You probably know better than I. I swear I heard some stupid high number on NPR yesterday.
- BrawnyBadger53 1y ago
  The answer is, it depends on the good. It's not a single number, de minimis is gone though.
- JumpCrisscross 1y ago
  > Goddamnit are you serious? Yup [1]! It’s higher than it was before. But well below other countries’. [1] https://www.supplychaindive.com/news/us-china-tariff-pause-extension-negotiations/754175/ https://www.supplychaindive.com/news/us-china-tariff-pause-e...
  - SpicyUme 1y ago
    It's 30 percent higher than last year, plus additional tariffs on certain things. We've (temporarily? tune in two months!) backed away from the 150% or whatever number but that increase is still hanging over everything. And doing tariff rate and schedule policy by whim is a terrible idea independent of whether you agree with tariffs as a policy. I'm mixed on them honestly, which doesn't sell myself to any group it seems. But I think they exist as a semiuseful tool that can be hard to gauge and should be used carefully. The stacking 50% tariffs on aluminum and steel(deal with this one less, it might be lower?), plus adding new harmonized codes to the tariffed list is a pain in the dick. Visiting friends this weekend we were talking about how they could undercut my sales by being in Canada and having substantially lower cost of goods..
    - tmountain 1y ago
      It seems like it's less about the actual percentages at this point and more about ongoing uncertainty paralyzing businesses. You can't do any long term planning in this climate, and that puts everything on pause across a wide spectrum of industries, which is objectively bad for the economy.