General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDid I hear that he has now reduced the tariffs on personal imports?
What an effin disaster.
Clouds Passing
(6,962 posts)mitch96
(15,647 posts)JBTaurus83
(873 posts)this was all to "boil the frog" so to speak. He got everyone used to thinking there would be these 100% tariffs, so now, the public will be cowed and not complain as much when we are paying 10-30% on everything, which will then be funneled to projects benefiting the wealthy.
Irish_Dem
(79,741 posts)bucolic_frolic
(54,009 posts)Blues Heron
(8,342 posts)This from todays wapo:
The White House on Tuesday also issued an executive order lowering tariffs on lower-value packages from China from 120 to 54 percent, although the minimum $100 fee on packages like those from e-commerce sites Shein and Temu will remain.
Johonny
(25,415 posts)And the middle men that used those sites.
JBTaurus83
(873 posts)so, the people who earn less will still be hit the hardest.
OLDMDDEM
(3,037 posts)mucholderthandirt
(1,753 posts)I know a lot of them in the doll and crafting communities that get their own supplies and the things they sell like that. They won't be able to afford to pay tariffs of any amount, the profit margin would shrink to nothing. Selling fees and shipping costs are bad enough as it is.
So much for that building small business thing, eh? Or helping people, many of whom work low wage jobs and supplement their income from crafts and selling stuff online. I'm so glad we didn't get a sane, intelligent, caring woman to be president. Her lies about that long-ago McDonald's job was a warning! LOL