• mostNONheinous@lemmy.world
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    9 days ago

    How much you wanna bet WE(the consumer) have already started paying for tariffs that aren’t being charged yet.

  • nkat2112@sh.itjust.works
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    9 days ago

    “There has been some confusion on what President Trump has said in social media posts on when the tariff starts and what is written in the executive order,” Jarred Varanelli, vice president of U.S. sales at logistics firm Savino Del Bene, told CNBC. “Social media posts are not law on the pause and increase in tariffs. With the constant changes to the regulations, all customs brokers in our industry have a difficult task ahead of them.”

    If there were doubts about the tariffs being a wise policy, those have increased several times over the fact that U.S. authorities can’t even implement them.

    The incompetence is incredible, given the destruction conservatism has caused to the United States in just a few days.

    But if the purpose of it all was just that, destruction, then I guess it’s understandable.

    • chaosCruiser@futurology.today
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      9 days ago

      Oh, and the investors just love this sort of uncertainty… Well as long as they sold all of their stocks a few months ago, so that now they have plenty of cash to buy everything back at half the price.

      • dellish@lemmy.world
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        9 days ago

        I trust you saw the spike in trading volume just before the tariffs were repealed? That’s was insider investors love.