What about the summer mosquitos...?
Some of us are here year round, they aren't really limited to being a summer thingWhat about the summer mosquitos...?
Going to link up this video I came across because it does a nice job of covering the details of what kinds of things are being worked out, what sort of present and near term alternatives exist along with where it's eventually heading. Extra bonus points for doing it while being focused on policy and numbers rather than judgement, the back to school slant is really more just to make it topical to news cyclesRevocation of the de minimis exemption shifts it to "it depends" because what is being shipped can matter as much as where it is from and where it's being shipped from. They may not be reporting it but all of those national postal services refusing to ship are almost certainly doing things like working with us customs and potentially USPS to iron out the answers so they know what to charge shippers and have the required paperwork filled out by the sender prior to agreeing to ship a package to the US.
Along with a ton of inflation in a country not set up to take over the manufacturing involved AND in which manufacturing costs a lot more.Which ultimately would prove effective in reducing imports, the stated goal of the tariffs policy. If noone dares to deliver to a country, its trade balance will certainly improve greatly.
I think they call those condors.What about the summer mosquitos...?
Along with a ton of inflation in a country not set up to take over the manufacturing involved AND in which manufacturing costs a lot more.
The US has no infrastructure to make up for the lost imports. That means that 1) they import at a higher cost and pass it on to us as inflation, 2) import less driving up demand and therefore we get inflation, or 3) one of those options plus billions of dollars to create a factory, and the we get even more inflation as the factory costs get passed on to us as well.That would be the consequence of setting the goal of not having as much imports, not the means of implementing it.