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Should note that this article is from April 2025. Digikey sruvives and the tariffs are supposed to be refunded.
by throwup238 7mo ago
Should note that this article is from April 2025. Digikey sruvives and the tariffs are supposed to be refunded.
- Xylakant 7mo agoEven if tariffs are refunded at some point, the cost of implementing and managing the tariffs, list sales, lost opportunities and so on are not. Nor is the cost of recovering the tariffs from the government.
- downrightmike 7mo agoCredit card and banks should be able to manage the transactions, they keep records for years. If they were smart, they'd be pushing to get the deal and a massive fee
- Xylakant 7mo agoNeither bank nor credit card companies can possibly manage the tariff question for any party. Tariffs get charged on the goods that you import and depend on what specifically you import. Banks manage the financial transaction, but have no specific knowledge what goods you're paying for and at what rate they are subject to tariffs or taxes.
- kennywinker 7mo agoThe supreme court overturned the emergency act tariffs, but trump immediately used another statute to re-instate tariffs (effective for six months, anyway). For china, the supreme court ruling was effectively a 5% reduction in tariffs. The situation remains dumb. https://www.china-briefing.com/news/us-china-tariff-rates-2025/ https://www.china-briefing.com/news/us-china-tariff-rates-20... (Url says 2025 but has been updated continuously)