Good posts from Dan Larson (Secret Galaxy) on tariffs this morning. While 30% is a lot better than 145%, American businesses are still losers here, and so is the economy (regardless of what the stock market says).
Those links aren't working for me fyi! This guy, yeah? https://bsky.app/profile/danlarson.bsky.socialGood posts from Dan Larson (Secret Galaxy) on tariffs this morning. While 30% is a lot better than 145%, American businesses are still losers here, and so is the economy (regardless of what the stock market says).
If I'm understanding correctly, this would incentivize companies to import items in bulk themselves vs. having them ship directly to consumers (like Mondo sometimes does with items shipping directly from China to consumers via DHL).Source: Axios
- Left out of that deal: the 120% tariff rate on shipments valued at less than $800, or a flat $100 fee per postal item, a White House official tells Axios.
- Starting June 1, the flat fee will increase to $200.
Source: Axios
- Left out of that deal: the 120% tariff rate on shipments valued at less than $800, or a flat $100 fee per postal item, a White House official tells Axios.
- Starting June 1, the flat fee will increase to $200.
How does preventing us from buying from Temu and Aliexpress bring manufacturing back to the US?![]()
Sounds like they are going to see shipping costs skyrocket like back during Covid because the big companies are going to try and eat up as much container space as possible and the little guys will have to pay through the nose to keep up.Based on the NY Times article I'm reading, it sounds like the 30% is still happening and that it'll be the case for 90 days.
I imagine companies are going to be rushing to get stuff on boats and in the US ASAP.
Very curious what the timing even looks like for toy companies. Like, I imagine they paused a lot of manufacturing in April because of the tariffs. Can they realistically ramp up production immediately and then get the items to the US within 90 days?
It's pretty much all geared towards finding as much money for the billionaires, broligarchs, large tech companies, etc. etc. At any and all expense, pretty much meaning everyone not included in that group.It doesnt and cynically, that was never the actual point.l, just a good sound bite.
I think the entire point of this entire endeavor is to rechannel money back to the bigger businesses who exploit cheap chinese manufacturing and away from Shien and Temu and the like who sell that stuff to you directly without all the middle man mark up.
It doesnt and cynically, that was never the actual point.l, just a good sound bite.
I think the entire point of this entire endeavor is to rechannel money back to the bigger businesses who exploit cheap chinese manufacturing and away from Shien and Temu and the like who sell that stuff to you directly without all the middle man mark up.