That's the intent, but it's going to result in some lean months or years until the payola is delivered or the factories are (re)built. And it's not going to be a fun time for Walmart.
That's the intent, but it's going to result in some lean months or years until the payola is delivered or the factories are (re)built. And it's not going to be a fun time for Walmart.
Given generally speaking imports and exports tend to be distinct products we would need to add 118% goods production to not need to import.
The US isn't capable of doing that in even a decade.
And it is going to impact everything because unlike most tariffs which exclude manufacturing goods this set hits everything so you cannot competitively produce things unless the entire production chain from raw materials is in the US.
In a similar no-not-like-that kind of way, of course.
Arbitrary policies can be found to align with arbitrary ones if you inspect on a different metric than is used to create them.
In this case I would assume from what has been released isolation via destabilization is the goal. (Not major destabilization mind you just "ruffling feathers" enough that we naturally pull away)
The fact that destabilization results in reduced consumption is a coincidence.
Seems unlikely under the current administration
But yes, the Etsy stuff is often sent piecemeal via Post.
What feels really gross is that they could ship a trinket from China to your door for less money than it would cost me to send it to someone in my own state.
Or some other courier or with a USPS postmark? Because that would indicate it got commercially brokered with all duties assessed and paid by someone.
Most small trinkets use something called ePacket, check its pricing here - https://jingsourcing.com/shipping-from-china-to-us-cost/
It would cost me as an American 4x that amount to send something to even my neighbor via USPS.
I wouldn't say I'm a tariff fan, but US sellers have been getting ripped off for years, and few people even know or care.
There's a lot of government officials in their 80s, I'm betting a lot of them will die and these tariffs get thrown out with them.
It's an instant win for any politician to lower taxes on consumers.