President Donald Trump stopped allowing small shipments to enter the country without paying tariffs. Now, things are getting pricier and shipping costs are going up. www.wired.com/story/de-min...
President Donald Trump stopped allowing small shipments to enter the country without paying tariffs. Now, things are getting pricier and shipping costs are going up. www.wired.com/story/de-min...
Its a powder keg being burnt from both ends.
Thanks to traitor Republicans and feckless Democrats in Congress, Trump and Heritage Foundation have destroyed our democratic republic. I only see 2 ways to correct this: *National Strike. *Civil War.
Australia Post won't send anything to the US for now, except for letters, documents and gifts worth less than $150. It's the same deal for items going to Puerto Rico, which uses the same postal network as the United States. The UK is the same. I feel sorry for small business.
Sounds like a perfect excuse for Bitcoin to shine – decentralized, untaxed, and untouchable.
What makes you believe it's untaxed?
Or they aren’t shipping here.
If the issue was just the tariffs, then there would be a price increase. However, what matters here is all the bureaucracy and complexity that just makes the transactions infeasible. Shippers stop shipping and the tariffs themselves become irrelevant. A 1% tariff is effectively as bad as 100%.
Those are part of why the tariffs are a problem.
I front-loaded all my purchases to beat the tariffs and now my contributions to the economy will grind to a halt. Multiply me by several million people. A lot of small businesses are going to go under thanks to the moron in chief.
Wonder what Amazon, Temu, Wayfair, Etsy, are saying 🤔
Temp has started distributing from the US instead of directly from China.
*Temu
Thousands upon thousands of companies, large and small as well as entrepreneurs, benefited from the de minimis exemption, with many depending upon it to make a living. So, yeah, let's ruin their businesses.
Americans better get prepared for a drastically different lifestyle...
Dumbest US president in history 🙄, craters the US economy and standing on the world stage in less than a year!
There goes the dollar as a main currency
Imagine paying $5 per napkin in a few weeks.
It’s Trump ending a policy that let small imports avoid tariffs, causing prices to rise and shipping costs to increase for consumers and businesses.
You need to retract that shit-ass Taylor Lorenz article or otherwise address what this woman is saying. www.instagram.com/reel/DN3xSpI...
Looks like it happened.
Yah Lorenz sux
Or does "dark money" mean "money paid to black people" in the pages of Wired magazine?