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Patrick Mckeefery's avatar

Its even much worse than you know. Our small company fme lighting is really getting murdered. China has dozens of warehouses of lighting fixtures in the USA. They get free slave labor and their cost of goods is 1/5th of ours. So they ship containers of fixtures and cost them at 1/5 for the tariff. If the fixture cost me $100 with Trump tariff $160, the Chineese cost their item 1/5th of $100 = $20. Plus tariff =$50. Then they sell them for $70. My cost remember is $160., so I sell for $350.00 . I have to pay 25% taxes on the profit afer expenses. I would bet these China companies are not LLCs nor do they pay taxes. YOU ARE 100% CORRECT TRUMP IS KILLING SMALL BUSINESS WHILE CHINA IS EATING OUR LUNCH, TAKING ORDERS DIRECT AND SHIPPING FROM USA WAREHOUSES AND PAY NO TAXES ON PROFITS.

Truth Matters's avatar

Patrick, I mean this from the bottom of my heart. I am so sorry you are being forced to endure this squeeze. It’s so heartbreaking to hear. The issue here is water will always find its own level, but it seems you are being attacked from both sides. Was this an issue before the tariffs?

Patrick Mckeefery's avatar

When he was first elected, he put 30% tariff and took 30k out of our profit. The Chineese were already in our country setting up warehouses. There are even more Chineese companies in the states. They are killing the lighting business in America. If you know someone that wants to write this story, ill take the time.

Oib0y 🇨🇦's avatar

I too am so sorry you are going through this.

Mike Stier's avatar

Once again, spot-on reporting--and research, I might add! I've been wondering when the national call to Wake The Fuck Up will happen.

Truth Matters's avatar

You know me Mike, I try my best to break it down and ensure context is always present. How is New York today?

Mike Stier's avatar

Outside of NY is beautiful if you like partly-cloudy with temps in the upper 70s.

Ron's avatar

Some just don't get it or don't understand how tariffs work since they don't pay attention. Unfortunately, this is going to hit their pocket book and they will wonder why. Just maybe, some will beginning to understand that Trump is working to make the poor and working class poorer and his friends richer.

kohlene hendrickson's avatar

I’m an American living in Switzerland, the Swiss post will no longer ship packages to the USA- other European countries the same. Due to tariffs he hit Switzerland with 39%, they said fuck off. It’s heavily effecting the world. I need to ship a box of books, I contacted other transporters and they’re refusing too- real shit show

Oib0y 🇨🇦's avatar

"They said fuck off" Rightfully so!

Josseline's avatar

Trump is on a REVENGE rampage & the reason? His feelings got hurt in 2020 & he’s held that grudge all along…he’s a f*cking spoiled rotten little prick!

He’s upset because, in his sick demented mind, the American people, especially Democrats, rejected him in 2020…no duh!

He KNEW he lost! He told Mark Meadows he lost! He told Mark Meadows not to say anything.

So if the American people do not genuflect when he walks by, he’s going to F*CK us every which way possible. Even at the expense of the economy…we won’t be in a recession…we’ll be in another depression!! And a really bad one this time!

So we, the people, we need to oust the FASCIST PARTY…the Republicans have SCREWED ALL of the people…doesn’t matter if you’re republican, democrat, independent or some other party!

! We Are Literally F*CKED!

We must start a coup against not just tRump, as he’s just a figure head…yeah he’s our punching bag…but the REAL culprits, who are running things w/o his knowledge or approval!

PETER THEIL

JD VANCE

RUSSELL VOUGHT

LEONARD LEO

STEVEN MILLER

ELON MUSK

THE WHOLE CABINET

TOM HOMAN

THE HERITAGE FOUNDATION

FEDERALIST SOCIETY

WHITE CHRISTIAN NATIONALISTS

JEFF BEZOS

MARK ZUCKERBERG

BILLIONAIRES…etc. etc. etc.

THOSE ARE THE ONES WE NEED TO NAME & GO AFTER…NONE OF THOSE PEOPLE ARE LEGALLY ALLOWED TO ESTABLISH POLICIES BECAUSE THEY ARE USING A SICK DEMENTED DELUSIONAL DEMENTIA PATIENT!

AND JD VANCE IS NOT THE PRESIDENT…only Trump is & he doesn’t know what the f*ck is going on!

It’s like a kid having his dementia parent falsely sign documents so he can claim their money…that’s against the law!! That’s a CRIME!!

Whatever that parent signed isn’t a legal document because they did not have a clear understanding of what he/she was doing!

HELLO…anyone listening??

Oib0y 🇨🇦's avatar

Yup, I'm listening quite intently!

menehune's avatar

ALOHA..GOP. guardians of pedophilics...

Bren's avatar

Excellent article! Clear & complete explanations. Let's spread this far & wide!

Truth Matters's avatar

I hate to say it but I concur Lulu.

Chris Nimmo's avatar

The 'de mininis' decision will turn out to be a massive error of judegement because of the huge number of consignments that will be caught with increased costs and paperwork. Many businesses trade this way and will be rendered unviable.

Bad Bunny's avatar

Removing the de minimis exemption is execrable and will hurt primarily individual Americans who mail order from abroad.

Instead of reaching into our pockets, he should reach his tiny stubby hands into his own. Perhaps he might discover a tiny stubby mushroom.

Joe Blow's avatar

Sooo....trump has declared war on the US economy and China is leapfrogging the US to dominance through their ingenuity and hard work and sort of stolen tech does this mean the 2025 bunch are cool with inheriting a wated America to clean up the scraps of the trump debacle? So if trump's health takes its inevitable toll before he can seriously achieve totally anihilating our economy and bankrupting every citizen and the government, what will 2025 national evangelicals, tech bros abd the old mony boys squable over as each tries to grab whatever is left....

I believe my mind is beginning to...bogle!

Manda's avatar

Thank you so much for this thorough breakdown. A lot of things I am uneducated about in global economy and politics!

Truth Matters's avatar

You are most welcome Manda. Knowledge is power.

Linda Pantano's avatar

more bad news! everyday, nothing but bad news about this administration & the dictator in charge. something needs to be done here.

Spiderwoman's avatar

Question - does this affect the limit for bringing in duty free items when returning to the US? I think it is also currently $800.