President Trump announced Wednesday that his heightened “reciprocal” tariff scheme was being paused for 90 days in response to overtures from dozens of countries — but duties on C…
Only works if he keeps his word. And Trump’s word isn’t worth the shit its scrawled in. We’re already seeing this problem with Canada and Mexico, where importers are being told they’re going to get assessed the Chinese tariff on the full price of imports and then maybe eventually be eligible for a refund once the Trump administration figures out what percentage of the import qualifies as “Chinese”.
This Chinese-exclusive tariff isn’t any kind of relief, because too much manufacturing is sourced out of China. All we’re going to see is businesses resort to increasingly elaborate methods of concealing a product’s national origin.
I expect that countries are going to end up avoiding tariffs by openly bribing Trump.
Only works if he keeps his word. And Trump’s word isn’t worth the shit its scrawled in. We’re already seeing this problem with Canada and Mexico, where importers are being told they’re going to get assessed the Chinese tariff on the full price of imports and then maybe eventually be eligible for a refund once the Trump administration figures out what percentage of the import qualifies as “Chinese”.
This Chinese-exclusive tariff isn’t any kind of relief, because too much manufacturing is sourced out of China. All we’re going to see is businesses resort to increasingly elaborate methods of concealing a product’s national origin.
Nobody was coming to kiss his ass… if that were the case, he would have waiting to get a good deal out of them
This is trump in his mediocrity trying to save face as his bluff was taking the USA faster than any enemy could