I am inclined to believe this but I also believed the hype in the spring from "shipping experts" that turned out to be false.
I am inclined to believe this but I also believed the hype in the spring from "shipping experts" that turned out to be false.
The shipping woes are hitting now. De minimus exemption is gone.
again, i am inclined to believe you, but the news in march was "by mid-may, we will be feeling it" and "no one will be able to afford back-to-school essentials" and that just didn't turn out to be true. www.cnbc.com/2025/04/28/e...
What happened to all the “blank shipments” and supposed empty containers sitting in the port of Los Angeles? It’s counterintuitive as hell to think that wouldn’t have had any impact on the economy and yet that’s what happened.
When tariffs were announced in early April, I was reading that we'd start feeling it by late May to mid June. Then we were told corps were eating the tariffs, inventory pre-tariff build up would delay impact, etc. Now "produce prices could rise 50% to 100% by early next year" Next year?!?
Antiques trade and arts trade will be nearly wiped out.
Exactly this. A huge fail by most of bluesky that still nobody has reckoned with.