So far indications are many companies are eating the tariffs, for now.
Even making them visible has drawn the ire of Trump a few times already.
But I generally agree that it can't go on forever / not how it works historically.
Even making them visible has drawn the ire of Trump a few times already.
But I generally agree that it can't go on forever / not how it works historically.
I don't think most people actually have a solid understanding of what is and is not affected by which tariffs.
If I understand correctly, most of the tech stuff is effectively exempt; and Canada/Mexico tariffs don't apply to most items that are covered under "the rules of origin" certifications under USMCA (the successor to NAFTA).
I think the biggest hit has been the elimination of the de minimis rule, which now makes it difficult and/or impossible to get anything directly from China by USPS, be that cheap clothing or small electronics.