this post was submitted on 12 Apr 2025
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[–] mostNONheinous@lemmy.world 213 points 11 months ago (2 children)

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

[–] aramis87@fedia.io 98 points 11 months ago (1 children)

People have been posting screenshots of invoices with line items labeled "tariff surcharge" on them already.

[–] mostNONheinous@lemmy.world 44 points 11 months ago

Yeah so this article is about how that shit is fucked up right now. Just because they printed it on paper doesn’t mean anybody is collecting the money, just as the article describes. Admittedly this does not mean not a single tariff has been collected but that there is a huge issue at hand, and my point is that big business will take advantage of this opportunity to double their profits short term by fucking all of us even harder than they already do.

[–] NauticalNoodle@lemmy.ml 15 points 11 months ago* (last edited 11 months ago)

The second the tarriffs were first announced I was notified the 3-4 of the products I had on my Amazon "Save For Later" list had simultaneously increased in price, and they were all things that were expected to ship from outside the country.

[–] nkat2112@sh.itjust.works 103 points 11 months ago (1 children)

“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.

[–] whaleross@lemmy.world 52 points 11 months ago (1 children)

It was never about tariffs. It was always about manipulation of the market.

[–] chaosCruiser@futurology.today 5 points 11 months ago (3 children)

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 7 points 11 months ago (2 children)

I trust you saw the spike in trading volume just before the tariffs were repealed?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

[–] entwine413@lemm.ee 1 points 11 months ago

I think they were being sardonic.

[–] Lifter@discuss.tchncs.de 1 points 11 months ago

Trump Lawyers argue that since he posted on his social media to buy stock, everyone had the chance and it wasn't insider trading...

[–] HubertManne@piefed.social 4 points 11 months ago (1 children)

nothing is half the price. the market did not fall that much. Maybe 20% with the right picks.

[–] SkyezOpen@lemmy.world 4 points 11 months ago

Hyperbole is a thing and a 20% dip is still yuge.

[–] whaleross@lemmy.world 2 points 11 months ago

Well, there is the inside club that did pretty much this

[–] HubertManne@piefed.social 45 points 11 months ago (1 children)

They need to fire those folks. and they need to keep on firing and firing until the work gets done!!!

[–] crusa187@lemmy.ml 11 points 11 months ago (1 children)
[–] superkret@feddit.org 8 points 11 months ago

then fire him

[–] criticon@lemmy.ca 26 points 11 months ago

My sister works in customs for a company in Mexico and they are definitely paying tariffs. They need to get a certificate for stuff that is covered under USMECA and iron parts pay 25% on top of any other tariffs. They have an office close to the border that checks which tariffs are in effect at that time because the official publication can't keep up

[–] nialv7@lemmy.world 22 points 11 months ago

thanks, DOGE, i guess????

[–] LadyAutumn@lemmy.blahaj.zone 11 points 11 months ago

His primary goal is to manipulate the stock market to make him and his ruling class buddies richer. That's all. The fact they're in effect unimplementable is irrelevant to him.

[–] vaultdweller013@sh.itjust.works 3 points 11 months ago

Someone pick up that phone cause I fucken called it!