Toys and Tariffs.

A quick note on Feb 1st US Tariff Act on CAN/MEX/CHN: "Trump’s actions also closed a loophole that exempted packages worth less than $800 from tariffs. Extinguishing the so-called de minimis exemption for small parcels sent to the US.."

So that's a bummer..

 

At least that money will be pumped back into our thriving Federal government!

Fuck!

 

"Most Japanese companies with operations in the United States are preparing for possible additional tariffs under the i̶n̶c̶o̶m̶i̶n̶g̶ Trump administration, according to a survey released on Friday by the Japan External Trade Organization."

 

The world vs. Republicans.

 

This nickle & dime bs along with the 1099-K thresholds being lowered to an unbelievable $600 USD/year (maybe sooner for some states than others based on latest IRS memo). I'm sure we will see VAT soon enough as well.

 

Ugh, I forgot about that.

 

Infuriating.