What's the story with the Tariffs?

[Pototan]

It's 5:00 AM EST on Feb. 1 and I can't seem to get any news about the Trump Tariffs on Mexico, Canada and China.

Does anyone know what's going on?

[Pototan]

1. I guess I'll answer my own question

Karoline Leavitt, the White House press secretary, said Trump will be implementing 25% tariffs on Mexico and Canada as well as a 10% duty on China, in retaliation for “the illegal fentanyl that they have sourced and allowed to distribute into our country.”

The White House provided few details on exactly how the levies will be meted out, saying that they will be available for public inspection at some point Saturday.

https://www.cnbc.com/2025/01/31/trump-tariffs-on-canada-mexico-and-china-begin-saturday-white-house-says.html

[Skittles]

2. that fentanyl excuse is utterly ridiculous

they don't give a fuck about drugs flowing in

[Pototan]

5. I know that their excuse is bullshit

but I think the implementation of the tariffs will be an economic and diplomatic disaster.

[Skittles]

6. which is pretty much what they want

chaos

[Pototan]

9. Well, there's nothing we can do to prevent

them from causing chaos. After all, Trump and his allies control all the levers of government.

All we can hope for is that the 10%-15% of persuadable voters who determine elections wake up and give us at least the House in two years. until then, we just need to hang on and hope they continue to fuck up.

[Irish_Dem]

8. Yes, Trump most likely is given bribe money from this drug trade.

Putin also runs drug and sex trafficking rings.
He has been using the money he makes to rig US and European elections.
China does the same.

[Amishman]

12. It's a twofer for them - their base is passionate about it, and it lets them do something they want to do anyway

I don't mind the China tariffs are a tool to get China to play ball, there are big - and increasing problems - with our China trade.

One is that exports to us is one of the things sustaining their economy since their construction / real estate market has derailed. They are also a cold war style enemy at this point - relentlessly stealing information and technology, building their military and using that to pressure neighbors.

The other is that the Chinese government doesn't care at all about the bad actors operating out of their country. Counterfeit goods is a huge problem, and the fakes are flowing out of China. I've heard several horror stories from old coworkers in the past few years about counterfeit networking equipment in US procurement channels. One of them was several million dollars worth of Cisco data center networking hardware. Externally, perfect match for the real thing. Internally and functionally deficient, and likely loaded with malware and backdoors.

This is the kind of thing we should be pressuring them over.

[Norrrm]

3. Vance verifies that republicans are the main abusers of fentanyl.

Vance verifies that republicans are the main abusers of fentanyl.

https://www.newsweek.com/maga-voter-deaths-fentanyl-via-border-does-look-intentional-jd-vance-1702428

J.D. Vance’s claim that Biden is targeting ‘MAGA voters’ with fentanyl

“If you wanted to kill a bunch of MAGA voters in the middle of the heartland, how better than to target them and their kids with this deadly fentanyl? … It does look intentional. It’s like Joe Biden wants to punish the people who didn’t vote for him and opening up the floodgates to the border is one way to do it.”

[Norrrm]

4. Republicans/Trumpsters bringing in fentanyl.

https://www.democraticunderground.com/1016348442

White Supremacist network busted with enough fentanyl to kill over a million people.

[Norbert]

7. My local station mentioned tRump tariffs this morning

and a brief summary of Trudeau's reaction. 30 seconds in all and hardly a lead story.

[Mike 03]

10. This rollout is strange compared to the China tariffs of his

first term.

Days before those tariffs went into effect we were able to download hundreds and hundreds of pages of specific, line-by-line items that were under tariff. It was insanely detailed, down to particular dyes and tool parts.

And although most news organizations are reporting the tariffs go into effect today, yesterday there were a couple of headlines claiming he'd moved the date to March 1. Even Reuters (ordinarily dependable) used the March 1 date.

I see articles about the tariffs for sure, but what I don't see are headlines like: TARIFFS GO INTO EFFECT AT MIDNIGHT, or TARIFFS UNDERWAY AS OF MIDNIGHT, etc...

[Sun-Moon]

11. It will take a while before the govt can collect

The additional duties. If I remember correctly from the first DT term, it took around 30 days for US Customs to reprogram their software to begin collecting the money.
The govt also gave businesses a chance to send in requests to exempt certain commodities. However who knows what will happen this go around except the cost of goods will go up for the consumers.

[JustAnotherGen]

14. They can come back to us

Retroactively and demand the Tariffs from our customs brokers, who will then pay it, and pass through to us on our weekly bills.

This isn't like the Steel Tariffs (232 Investigation) or 301 (4 lists specific to China). My broker has advised it is across the board all Country of Origin.

It won't impact Chapter 98's (Returns for Warranty, Replacement, Repair).

Anxious as I have several returns in transit - some for rail products and two for industrial plumbing.

[JustAnotherGen]

13. I'm watching the HTS US Schedule

For the laymen - that is the schedule that is leveraged by CBP to enter imported materials and finished goods into their Automated Customs Entry System (ACE).

Oil and Petroleum Products sit under Chapter 27 in schedule.

There has not been an update to ACE for Country of Origin (COO Canada) Petroleum Products.

The PDF and HTS US Lookup tool will come AFTER ACE.

I'll update when/if ACE is updated.

[mahatmakanejeeves]

15. You lose. NT

[Pototan]

16. What did I lose?

I don't understand your comment.

[mahatmakanejeeves]

17. You asked what was the story with the tariffs. I can answer that in two words.

You lose.

[Pototan]

18. What I meant was at 5:00 AM

I did not know if they were in force.

As far as me losing, I am retired in the Philippines, so the Tariffs don't mean shit to me, personally. The Tariffs could cause such an economic decline in America that it could rid the world of Trump.