Tariffs Catch-All

[nycfan]

Our guy starts a random trade war and continues to be surprised/miffed when anyone purposefully responds. Maybe purposefulness confuses him?

 

[nycfan]

Our guy starts a random trade war and continues to be surprised/miffed when anyone purposefully responds. Maybe purposefulness confuses him?

Earlier

 

[Molotov Mocktail]

Lmao 18 trillion now. Just keeps finding a trillion or 2 in the couch cushions. He really should stop digging around in those cushions when Vance is his vp.

What will the number be by year end? 20? 22? Higher?

 

[ChileG]

One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs

Krone says ‘alarming’ levies on about 400 goods including hair dryers and combine harvesters have forced pause

www.theguardian.com

Asked what his US customers were saying, he said: “Many of them are surprised. When they saw Mr Trump talk about tariffs, they got the impression that the foreign companies are paying these tariffs, but what they now figure out is that it is the customer who pays.

“If the farmers’ prices go up, then at the end of the day it is the US citizen who goes into Walmart or Target who has to pay more for their daily goods.”

Providing a paper trail that essentially proves to the US that every nail, nut or bolt did not originate in China is a bureaucratic nightmare.

The EU’s trade commissioner, Maroš Šefčovič, told a conference in Dublin last week that the new paperwork was “very, very challenging” and he has written to the US commerce secretary, Howard Lutnick, to address them.

Bernie Hart, the vice-president of customs and business development at Flexport, says the new requirements are in the “top tier” of complexity his business has dealt with as they “require new, granular data, country of melt and pour (steel), and country of primary smelt and cast (aluminium), often down to a stock-taking unit” level which can track minutiae such as colour and size of a product.

No conservative could support Trump’s economic agenda.

 

[heelslegup]

Thousdands of white flags are flying tonight over Beijung and Shanghai.
President Trump brought out the tariff big guns late tpday. In a Truth Social post, Trump denounced China for not buying US soybeans, He threatened cooking oil tqaiffs and having the US produce its own cooking oil from now on;.