Postal traffic to US down by over 80% amid tariffs, UN says
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Re: Postal traffic to US down by over 80% amid tariffs, UN says
#2[flagged]
Re: Postal traffic to US down by over 80% amid tariffs, UN says
#3I wonder how that will impact the USPS ? I tend to think it will help their bottom line a bit due to the international price agreements many countries have.
Now, UPS and FedeX and other such companies, I think they could be in for a world of hurt if this is really true and continues for a while.
Re: Postal traffic to US down by over 80% amid tariffs, UN says
#4Like many others, I'm of the opinion that shit is about to hit the fan in terms of the economy. Too many alarm bells, too many attempts by the admin to cover up and distract from the pillars starting to show cracks.
I hope the recession ends up being smaller in length and magnitude than the 2008-2009 recession because that one wrecked an entire generation in terms of wealth and psychology.
Re: Postal traffic to US down by over 80% amid tariffs, UN says
#5That's what was supposed to happen, right?
Re: Postal traffic to US down by over 80% amid tariffs, UN says
#6Like many others, I'm of the opinion that shit is about to hit the fan in terms of the economy. Too many alarm bells, too many attempts by the admin to cover up and distract from the pillars starting to show cracks. I hope the recession ends up being smaller in length and magnitude than the 2008-2009 recession because that one wrecked an entire generation in terms of wealth and psychology.
If 80% of postal traffic was commercial and just being used to not pay duty/tariffs, then the tariffs are achieving what was intended.
I don’t like the broad application of tariffs that is implemented today. They should have been better targeted. But this is one area where they are achieving what was intended.
Re: Postal traffic to US down by over 80% amid tariffs, UN says
#7Like many others, I'm of the opinion that shit is about to hit the fan in terms of the economy. Too many alarm bells, too many attempts by the admin to cover up and distract from the pillars starting to show cracks. I hope the recession ends up being smaller in length and magnitude than the 2008-2009 recession because that one wrecked an entire generation in terms of wealth and psychology.
If 80% of postal traffic was commercial and just being used to not pay duty/tariffs, then the tariffs are achieving what was intended. I don’t like the broad application of tariffs that is implemented today. They should have been better targeted. But this is one area where they are achieving what was intended.
In think a lot of those good are simply not flowing anymore. Suddenly a bunch a products are from companies around the world are no longer viable to sell until current stock is purged and the price of everything goes up.
A lot of vendors are still locked in with pre-tarrif pricing to big box stores so all of them need to go bankrupt before the full price increase takes effect.
Re: Postal traffic to US down by over 80% amid tariffs, UN says
#8Like many others, I'm of the opinion that shit is about to hit the fan in terms of the economy. Too many alarm bells, too many attempts by the admin to cover up and distract from the pillars starting to show cracks. I hope the recession ends up being smaller in length and magnitude than the 2008-2009 recession because that one wrecked an entire generation in terms of wealth and psychology.
If 80% of postal traffic was commercial and just being used to not pay duty/tariffs, then the tariffs are achieving what was intended. I don’t like the broad application of tariffs that is implemented today. They should have been better targeted. But this is one area where they are achieving what was intended.
There is probably a subset of people here who ordered consumer goods from Alibaba or wherever but I literally couldn't tell you the last time I ordered something (directly) from somewhere international.
Re: Postal traffic to US down by over 80% amid tariffs, UN says
#9Like many others, I'm of the opinion that shit is about to hit the fan in terms of the economy. Too many alarm bells, too many attempts by the admin to cover up and distract from the pillars starting to show cracks. I hope the recession ends up being smaller in length and magnitude than the 2008-2009 recession because that one wrecked an entire generation in terms of wealth and psychology.
If 80% of postal traffic was commercial and just being used to not pay duty/tariffs, then the tariffs are achieving what was intended. I don’t like the broad application of tariffs that is implemented today. They should have been better targeted. But this is one area where they are achieving what was intended.
It was used to buy stuff from abroad. Now, selling the stuff to USA requires the seller to pay US tax on behalf of the American citizen to US government and then take that tax back from the American citizen.
It is ridiculous. And also, if you are buying/selling low amounts and there is an intentional legal rule that says "small mounts are not taxed", then you are not avoiding anything nor using a loophole. You are legitimately buying a Canadian or Mexican item.
Re: Postal traffic to US down by over 80% amid tariffs, UN says
#10That's what was supposed to happen, right?
Especially that underpriced postage advantage (the de minimis exemption) that so many were taking advantage when shipping small shipments from China (and others). Maybe maybe this means fewer items of dubious repute on Amazon.
It was a stupid exception I'm glad they did away with it. I have no idea who in their bright mind saw reason to increase the exception to 800 from 200). Stupid.
Suspension was talked about in April. Announced globally at the end of July and took effect at the end of August.