I was just thinking about this. That 125% tariff on Chinese goods leaves a lot of room for profit if you can circumvent customs, and then undercut legitimate importers.
There’s so much room for “creative” exports. Like Belarus suddenly “producing” oranges and shrimps for the Russian market when Russia forbade the importation of several food products from the EU.
Send goods to country with low tariffs, then send those goods to the US. Even with the extra shipping and cut the other country would get, it’s cheaper than 100% + tariffs.
There’s a Rule of Acquisition that says, “Tariffs are bad for business.” The very next rule says, “Tariffs are good for business.”
Tariffs are never good for business.
Smugglers would disagree.
I was just thinking about this. That 125% tariff on Chinese goods leaves a lot of room for profit if you can circumvent customs, and then undercut legitimate importers.
There’s so much room for “creative” exports. Like Belarus suddenly “producing” oranges and shrimps for the Russian market when Russia forbade the importation of several food products from the EU.
Send goods to country with low tariffs, then send those goods to the US. Even with the extra shipping and cut the other country would get, it’s cheaper than 100% + tariffs.
I like your lobes!
A wise man can hear profit in the wind.
Except for whoever is exempt from them.