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320 points goldenskye | 1 comments | | HN request time: 0.312s | source
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gishh[dead post] ◴[] No.45941759[source]
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jeromegv ◴[] No.45941783[source]
While tariffs aren't a secret, they are a new reality for majority of americans. They never had to bother with any of that before they ended De Minimis, now every single package must go through a complicated import process and if you are somewhat inexperienced with it (as most people do), you might end up with UPS screwing up the paperwork and charging you wrongly hundreds of dollars.

That's ultimately what the US citizens voted for and I think that's important they know what they are dealing with.

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jleyank ◴[] No.45941849[source]
The annoying thing about this setup is that people outside the us pay tariffs going both ways. They must pay the us tariffs to send into the us and then they must pay their countries tariffs receiving goods coming from the us. I read that the EU is ending de minimus in 2026. This is going to really put a hurt on small businesses like crafters, used bookstores, antique dealers, …

Yeah, it’s what they voted for, but having the world get into the tariff act is a real pain.

replies(2): >>45941947 #>>45943969 #
tombert ◴[] No.45941947[source]
I still find it baffling that Trump managed to convince people that, somehow, "China" is paying these tariffs, despite the fact that that makes no fucking sense. These companies in China aren't charities; even if the exporter were the ones directly paying the tariffs, it would simply be baked into the price of the good being sold.

This really isn't hard. It's literally something I learned on the first day of high school economics.

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15155 ◴[] No.45943342[source]
> "China" is paying these tariffs

What is China doing when they intentionally/greatly devalue the RMB?

replies(1): >>45943698 #
1. tombert ◴[] No.45943698[source]
All costs will be baked into the price of the good. No free lunches and whatnot.