EA on News 9: #Trump 50% #Tariff Punishment of #India (Scott Lucas/Amb. Jayant Dasgupta/Dilip Chenoy/Rakesh Mohan Joshi)
https://eaworldview.com/2025/08/trump-india-50-tariff-punishment/
EA on News 9: #Trump 50% #Tariff Punishment of #India (Scott Lucas/Amb. Jayant Dasgupta/Dilip Chenoy/Rakesh Mohan Joshi)
https://eaworldview.com/2025/08/trump-india-50-tariff-punishment/
Damage to American small (and medium) businesses. Not the megacorps.
The dude with the mall kiosk selling phone cases and chargers? He's getting reamed by this, and will likely go out of business, because he brings all his stock in from China in small shipments that have always fallen under the de minimis exemption (which is now toast). He can't compete with having to pay five times as much for shipping and tariffs all of a sudden.
The independent phone-and-laptop repair place? He and his 3 techs are probably twiddling their thumbs a lot soon. Most of the parts they buy to fix your broken screen or charge port come in just like the mall kiosk dude's. A replacement screen that used to cost him $30 plus $5 shipping now suddenly costs $30 plus $15 tariffs plus $20 shipping-and-tariff-collection-and-remittance-and-brokerage-clearance charges. He'll have to double what he charges to replace that screen in your Samsung.
Amazon? Walmart? Best Buy? All the other corporate behemoths? They're not importing in dribs and drabs by post. It won't affect them much at all, except they'll probably increase prices a bit to cover the extra paperwork to clear their shipments at the border, plus a lot more to cover the tariffs.
(Yes, you already knew this. I just wanted to say it.)
#tariff #business #ProBusiness #SmallBusiness #LittleGuy #screwed #shafted #MegaCorp #SMEs #import #duty
EA on News 9: #Trump 50% #Tariff Punishment of #India (Scott Lucas/Amb. Jayant Dasgupta/Dilip Chenoy/Rakesh Mohan Joshi)
https://eaworldview.com/2025/08/trump-india-50-tariff-punishment/
US Issues Draft Notice To Implement 50% Tariffs On Indian Products Effective Aug 27
https://lokmarg.com/us-issues-draft-notice-to-implement-50-tariffs-on-indian-products-effective-august-27/
#united_states #Tariff #IndianProduct
The US Customs and Border Protection (CBP) has issued a draft notice on the implementation of additional duties on products imported from India, following the announcement by U.S. President Donald Trump to increase tariffs on Indian goods to 50 per cent. According to the notice, the additional tariffs are being imposed to give effect to […]
🙄 Saying grocery prices will drop due to tariffs being lifted, is like saying people would save money at the pumps when the carbon tax was eliminated.
That worked out well, right?
Right?
eh?
🇨🇦 🇺🇸 💵 💸
👉 "... the company's sales have more than doubled since tariffs were imposed in March
As the Canada-U.S. trade war continues, Ideal Can is one of many domestic companies looking to move their supply chains back up north and maximize on the Buy Canadian movement. "
#Canada #USA #Business #Tariff #Trump #québec #Politics
https://www.cbc.ca/news/business/quebec-food-can-maker-ideal-can-reshoring-supply-chain-1.7617190
With U.S. tariffs still weighing on Canada's steel and aluminum sectors, a Quebec-based food can manufacturer is expanding its operations — and bringing the American portion of its supply chain back home.