We should have something like the federal reserve, but for trade policy. A board of governors nominated and confirmed by the senate in 8 year rotations. Politicians cannot be trusted to craft economic policy. I am dubious that they should be crafting fiscal policy either since theyve shown they cant be trusted with that either
Temporary suspension of acceptance of mail to the United States
41–50 of 459 posts
Re: Temporary suspension of acceptance of mail to the United States
#42This situation feels dumb. I feel like I am watching idiots cheer on someone doing parkor and that person getting his teeth smashed on a wall. Like, what is the point?
The implementation is also needlessly fumbled. All these shippers are suspending their service temporarily because this is all so rushed. Normally there would be larger lead times for changes like this and shippers and importers could adjust their processes and businesses with less friction. And that's not even accounting for the fact that there is little reason to believe that many of these changes might never actua…
The US government moves slow and the US is big. Big-and-slow can be planned for. Big-and-fast cannot be planned for and is, in fact, hugely disruptive.
Apart from all other parameters, the US does poorly with tyrannical-style rule because it's bad for business.
Re: Temporary suspension of acceptance of mail to the United States
#43We should have something like the federal reserve, but for trade policy. A board of governors nominated and confirmed by the senate in 8 year rotations. Politicians cannot be trusted to craft economic policy. I am dubious that they should be crafting fiscal policy either since theyve shown they cant be trusted with that either
Re: Temporary suspension of acceptance of mail to the United States
#44This needs to be repeated. Tariffs are a tax on ordinary citizens. Unlike regular taxes, tariffs are not progressive and therefore benefit the wealthy. These are the sort of things the poor and middle class voted for. To make the rich, richer. And then turn around and complain that rich are getting richer and they are getting poorer.
Re: Temporary suspension of acceptance of mail to the United States
#45It sounds like JP doesn't want to deal with the customs paperwork at scale (edit: also the deposits).
Re: Temporary suspension of acceptance of mail to the United States
#46> "we will continue to accept letters, postcards, printed matter, EMS (documents), and postal items (small packets, parcels, and EMS (goods)) containing gifts between individuals with a value of less than US$100." So no, "mail" is not suspended. More accurate headline please.
Re: Temporary suspension of acceptance of mail to the United States
#47Semi-related: I make orders from Amazon Japan a couple times a year - shipping to the US isn't cheap but it's nice that Amazon has always handled import taxes/customs/everything else involved in international shipping. Other than taking longer, it's basically the same experience as ordering from Amazon domestically. It's a shame that the ending of the De Minimis Exemption and other tariff-related stuff from the curre…
Re: Temporary suspension of acceptance of mail to the United States
#48This situation feels dumb. I feel like I am watching idiots cheer on someone doing parkor and that person getting his teeth smashed on a wall. Like, what is the point?
De minimis allows people to evade tariffs by simply drop shipping each individual product all the way from China or wherever, so long as the retail price is below the threshold. I’m skeptical of tariffs in general but if you’re going to have them, it makes sense to close the loopholes.
Tariffs aren't even justified, as they're anti-free-market, anti-capitalistic, and the government provides no extra services. It's equivalent to an illegal federal sales tax. If anything, the government has been cutting major services.
Re: Temporary suspension of acceptance of mail to the United States
#49This situation feels dumb. I feel like I am watching idiots cheer on someone doing parkor and that person getting his teeth smashed on a wall. Like, what is the point?
I don’t see why we should allow 0% imports but be shut out of exports. Yes yes according to some chart this is actually a good thing but I find it unfair. For centuries the theory was mercantilism which is the highest imbalance of trade in your favor is good. The last century was Keynesian “deficits don’t matter” where taken to its conclusion, the worst possible imbalance is good, because that means they have to rein…