I thought something got worked out with the UK but don't know the details.
Is Trump creating an artificial problem and ruining lives in the process so he can say later he solved it? Kind of like an arsonist who heroically puts out a fire they started?
My sympathy rather ended at the clear admission that these so-called "British" products are ultimately "made in China" products. From my perspective, that rather makes the entire premise of this store an exercise in fraud, in principle even if not in the strictly legal sense. Of course the tariffs are intended to avoid allowing China to dodge them by using other countries as a pass through, there wouldn't be much point otherwise.
I have tremendous sympathy for this small business owner as well as any others dependent on imports. Ultimately the system we currently have of massive trade deficits and massive budget deficits is not sustainable. There is no way to fix it without people whose business is based on the current system getting hurt. It is unfortunate and we should not be callous about the pain of those suffering in the process, but it can't be a reason not to fix an unsustainable situation. It is hard to imagine a fix that doesn't have winners and losers and in the early stages there will surely be more losers than winners (people built their jobs on the current system, the new system is not in place yet to be set up for it). We can debate how we got here and the best way to get out of this mess, I don't see a case that can be made that we don't need to find a way out of this situation despite the inevitable and unfortunately pain it will cause of the along the way
"I would just have them give President Trump a lesson in how tariffs actually work." How arrogant. The owner of a quaint import store wants to give lessons in foreign trade to a multi billionaire who's fortune was earned as the head of a multinational corporation.
As a small business owner who deals exclusively with imported products, I feel for her, and i'm feeling the impact as well, but I'm fully aware of the end goal of the tariffs and I approve. I was also smart enough to keep a backstock of products in order to weather shortages, unavailabilties, or trade issues. Times are tough, and have been for a few years now.
I thought something got worked out with the UK but don't know the details.
Is Trump creating an artificial problem and ruining lives in the process so he can say later he solved it? Kind of like an arsonist who heroically puts out a fire they started?
Whoops I missed this key point: British items that were themselves imported from China are hit much harder.
My sympathy rather ended at the clear admission that these so-called "British" products are ultimately "made in China" products. From my perspective, that rather makes the entire premise of this store an exercise in fraud, in principle even if not in the strictly legal sense. Of course the tariffs are intended to avoid allowing China to dodge them by using other countries as a pass through, there wouldn't be much point otherwise.
I have tremendous sympathy for this small business owner as well as any others dependent on imports. Ultimately the system we currently have of massive trade deficits and massive budget deficits is not sustainable. There is no way to fix it without people whose business is based on the current system getting hurt. It is unfortunate and we should not be callous about the pain of those suffering in the process, but it can't be a reason not to fix an unsustainable situation. It is hard to imagine a fix that doesn't have winners and losers and in the early stages there will surely be more losers than winners (people built their jobs on the current system, the new system is not in place yet to be set up for it). We can debate how we got here and the best way to get out of this mess, I don't see a case that can be made that we don't need to find a way out of this situation despite the inevitable and unfortunately pain it will cause of the along the way
"I would just have them give President Trump a lesson in how tariffs actually work." How arrogant. The owner of a quaint import store wants to give lessons in foreign trade to a multi billionaire who's fortune was earned as the head of a multinational corporation.
As a small business owner who deals exclusively with imported products, I feel for her, and i'm feeling the impact as well, but I'm fully aware of the end goal of the tariffs and I approve. I was also smart enough to keep a backstock of products in order to weather shortages, unavailabilties, or trade issues. Times are tough, and have been for a few years now.