Traitor Watch - The 45 & 47 Thread

Pocket

jumbled pile of person
Citizen
The only reason it's not crashing even harder is that there's no obvious path forward for anyone who wants to try to avoid this. No foreign country that's going to benefit from this, or even ride it out in relative safety. The rest of the world has become dangerously dependent on the US, and now they're going to discover what a mistake that was.
 

Dekafox

Fabulously Foxy Dragon
Citizen

Sec. 4. De Minimis Tariff Increase. To ensure that the imposition of tariffs pursuant to section 3 of this order is not circumvented and that the purpose of Executive Order 14257, as modified by the Executive Order dated April 8, 2025, and this order are not undermined, I also deem it necessary and appropriate to:


(a) increase the ad valorem rate of duty set forth in section 2(c)(i) of Executive Order 14256 of April 2, 2025 (Further Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China as Applied to Low-Value Imports), as modified by the Executive Order dated April 8, 2025, from 90 percent to 120 percent;


(b) increase the per postal item containing goods duty in section 2(c)(ii) of Executive Order 14256, as modified by the Executive Order dated April 8, 2025, that is in effect on or after 12:01 a.m. eastern daylight time on May 2, 2025, and before 12:01 a.m. eastern daylight time on June 1, 2025, from 75 dollars to 100 dollars; and


(c) increase the per postal item containing goods duty in section 2(c)(ii) of Executive Order 14256, as modified by the Executive Order dated April 8, 2025, that is in effect on or after 12:01 a.m. eastern daylight time on June 1, 2025, from 150 dollars to 200 dollars.

So 120% minimum on lower value goods(below $800), as of May 2nd, there'll be a $100 charge on -every- -individual- package from China, and that goes to $200 in June, if I'm reading this right.
 

Deathy G1

Well-known member
Citizen



So 120% minimum on lower value goods(below $800), as of May 2nd, there'll be a $100 charge on -every- -individual- package from China, and that goes to $200 in June, if I'm reading this right.
The Verge has a pretty good summary on the lower value goods section:

There’s one more wrinkle to China’s tariffs. The country and Hong Kong have been targeted with a change to the de minimis tax exemption that previously applied to imported goods valued at less than $800. That’s a direct hit to the business model of budget online retailers like Shein and Temu, which have long relied on shipping products directly to customers to avoid any import taxes and duties.
Beginning on May 2nd, that exemption will no longer apply, and even cheap products sent from China or Hong Kong using international post will now be taxed. The shipper gets to decide whether to pay 120 percent of the parcel’s value or a flat rate of $100 per package, increasing to $200 after June 1st. Those are quadruple the original rates Trump announced, after the rates were tripled and then raised once again after that — another response to China’s retaliation.
https://www.theverge.com/politics/646604/trump-tariffs-reciprocal-pause-canada-mexico-china-de-minimis

The whole article is a pretty good explanation of the tariff situation as it currently stands (the key word being "currently").
 

Rhinox

too old for this
Citizen
How many small business have already come to face the reality that they're going to close because of the market tampering Trump is doing here? How much wealth from those small funds and retirement accounts just got transferred to the Melon Felon and his gang of loyalists after he announced the pause and the stock market bounced? (I'm sure it'll end up being a dead cat bounce in hindsight)

I'm starting to get more and more worried about violence when Trump finally gets that infarction he so richly deserves. If they're running around with Dear Leader's ******* face on a lapel pin, what are they going to do when the head finally dies?
 

wonko the sane?

You may test that assumption at your convinience.
Citizen
They'll martyr him, and there will probably be violence: because his cult will never believe it wasn't an assassination, no matter how he dies.
 

Dekafox

Fabulously Foxy Dragon
Citizen
Stuff about the EO the past couple days targeting the former head of CISA who refused to back Trump lies in 2020, and their employer:

A interesting bit of info regarding the tariffs and the bond selloff I'd been hearing about, and how that may be what caused Trump to blink:

And speaking of, China has now bumped the tariffs on their side to 125%. Unpaywalled Bloomberg article: https://archive.ph/Xxr1G

Also RFK Jr taking a swing at vaccines again, and bodes ill for any updated COVID vaccines:

And this is more Vance related than Trump, but:
 

Rhinox

too old for this
Citizen
The purging of the disloyal continues to be a terrifying reality for all federal government employees. And once the Stain is finally gone, we will have to deal with a federal government fully engorged with believers with in a death cult.
 

The Mighty Mollusk

Scream all you like, 'cause we're all mad here
Citizen
5lCVJ8A.gif
 

Steevy Maximus

Well known pompous pontificator
Citizen
I mean, yeah, but we pretty well knew that?

Not to disparage the assholery on display, but I feel like there are FAR greater concerns than what paintings are hanging in the White House at the moment.
 

Dekafox

Fabulously Foxy Dragon
Citizen

Only new bit here is China has said they're done playing the tariff game and appear to be writing off US trade entirely on their side. What I'm waiting for now is to see how much of the US Bonds they hold they decide to dump to crater the dollar, or if they don't want to burn that bridge quite yet. That could be a good bit of leverage still if they decide to use the amount of US debt they hold as a stick, like how Canada apparently did previously.
 


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