So, this guy’s math is just plain wrong.
But this is so much worse than what he is writing.
The EO says they will levy an import fee of $100 - $200 per shipment of what was previously the de minimizes rate. This is going to kill drop shipping (and explains why Amazon just cancelled all their own China orders) as well as kill Temu in America.
CBP is going to find themselves inundated with unclaimed packages. I wonder if they are just going to junk them, or sell them in lots to the highest bidder (which is what they currently (?) do.)
Exodus 32:2-6.
² Aaron answered them, “Take off the gold earrings that your wives, your sons and your daughters are wearing, and bring them to me.” ³ So all the people took off their earrings and brought them to Aaron. ⁴ He took what they handed him and made it into an idol cast in the shape of a calf, fashioning it with a tool. Then they said, “These are your gods, Israel, who brought you up out of Egypt.” ⁵ When Aaron saw this, he built an altar in front of the calf and announced, “Tomorrow there will be a festival to the Lord.” ⁶ So the next day the people rose early and sacrificed burnt offerings and presented fellowship offerings. Afterward they sat down to eat and drink and got up to indulge in revelry.
Thank you! It does. Though review times won’t normalize until the probationary folks come back. Meanwhile, a lot of experienced reviewers are just gone. They were too valuable to industry and just got snatched up. I see it all over my LinkedIn feed.
The way I read it, the tariff on a $1.00 item would be 145% of $1.00 or $1.45. Adding that to the original cost of $1.00 means the consumer would pay $2.45, assuming the tariff is passed along equally at every step in the chain.
So a 200% revenue wouldn’t double the price of an item, but triple it? honestly i’ve no idea how these are applied - just that i’m prepared to be disappointed.
Pressed for evidence against Mahmoud Khalil, government cites its power to deport people for beliefs
First amendment? Never heard of it.
I thought the main issue is the $200 per package fee, rather than the percentage-based one, since it’s either one or the other according to the original executive order:
All relevant postal items containing goods that are sent through the international postal network that are valued at or under $800 and that would otherwise qualify for the de minimis exemption are subject to a duty rate of either 30% [Later revised to 145%] of their value or $25 per item (increasing to $50 per item after June 1, 2025). [Later revisions raised this to $200] This is in lieu of any other duties, including those imposed by prior Orders.
So assuming the Bluesky poster is right and it’s now up to $200 or 145%, whichever is greater, $200 a package is going to be the major obstacle for most items people buy. However, I don’t see where he got the “whichever is greater”, because the EO doesn’t actually seem to specify how they choose which duty rate to apply. Even though it kinda seems like it should??
Social Security classifies thousands of immigrants as dead, as part of Trump crackdown
The tactic is aimed at putting pressure on undocumented immigrants to leave the country.
https://www.washingtonpost.com/politics/2025/04/10/self-deportation-immigrants-social-security-dead/
Every time I think they’ve hit a new dystopian low, they manage to dig the hole a little deeper.
In any decent world, that conversation would be Exhibit C-145T
Mr Belton’s tattoo - a clock face with the date and time of his daughter’s birth - was included in a set of nine images for “detecting and identifying” TdA members. Other tattoos featured stars, crowns and a Michael Jordan “jumpman” logo.
…
Mr Belton said it was a “bit strange, bit funny at first” but is now worried the family trip he booked to Miami with his wife and daughter in August might end up “being a six month all-inclusive holiday to Guantanamo”.
I still think the bond market excuse is retconning rationality to T****’s actions.
It makes sense. Even if someone else had taken the action to put the insane tariffs in place to begin with, it would make sense for that person to “pause” them after seeing the impact.
That hypothetical person isn’t T****. If there’s one thing we can reasonably say, it’s that T**** doesn’t do what makes sense. He didn’t just suddenly start listening to experts. He didn’t sleep with his head on an economics textbook and learn about bond markets overnight through osmosis.
Insider trading would make sense, since he’s corrupt. Maybe Musk was pissed that Navarro was getting his way and threatened T**** and T**** offered him a way to make a hundred billion or so with insider trading to make up for Tesla’s loss in value.
But if he said he did it because of the bond markets; if his spokespeople say it was because of the bond markets; then the one thing we know with absolute certainty: he didn’t do it because of the bond markets.
I think it’s possible it was the bond markets, if someone he currently trusts (e.g. Navarro) told him “this is bad”.
FTA:
The US military said it had lost confidence in Colonel Susannah Meyers’ ability to
leadfollow blindly.
Fixed