Money & Economics
- Thread starter bigredfish
- Start date
Another big change for the small boxes shipping.
With the end of de minimis on Chinese goods, individuals receiving items via the regular mail from China to the U.S. (and soon, from anywhere in the world) will likely need to go to their local post office branch to pay their duties and pick up the goods, so buy anything from overseas will have to pay the tariffs and also may have customs handing cost. So what we will ship from local US warehouse for most orders now, or use pre-paid tariffs way(Only for some urgent orders where local no stocks)
With the end of de minimis on Chinese goods, individuals receiving items via the regular mail from China to the U.S. (and soon, from anywhere in the world) will likely need to go to their local post office branch to pay their duties and pick up the goods, so buy anything from overseas will have to pay the tariffs and also may have customs handing cost. So what we will ship from local US warehouse for most orders now, or use pre-paid tariffs way(Only for some urgent orders where local no stocks)
The press can't seem to decide which version of the truth they want to send out.
mat200
IPCT Contributor
- Jan 17, 2017
- 16,273
- 27,283
mat200
IPCT Contributor
- Jan 17, 2017
- 16,273
- 27,283
mat200
IPCT Contributor
- Jan 17, 2017
- 16,273
- 27,283
What the heck ??
Man, I thought the goal was to reduce the deficit .. fooled again Mr Smart ..
The current Republican spending bill raises the deficit by $20 Trillion over 10 years. 2 Trillion per year.
mat200
IPCT Contributor
- Jan 17, 2017
- 16,273
- 27,283
Attachments
There’s a new trade on Wall Street: the “TACO trade,” standing for “Trump Always Chickens Out.”
Federal court blocks Trump from imposing sweeping tariffs under emergency powers law
The case was heard by three judges: Timothy Reif, who was appointed by Trump, Jane Restani, named to the bench by President Ronald Reagan and Gary Katzman, an appointee of President Barack Obama.
Federal court blocks Trump from imposing sweeping tariffs under emergency powers law
mat200
IPCT Contributor
- Jan 17, 2017
- 16,273
- 27,283
well, looks like T.A.C.O. going to stick as traders / investors / financial advisors talking a lot about it ..
How Trump and Private Credit Could Create the Next Financial Crisis
"Speaking of risky borrowers who have defaulted on loans before, the president of the United States is the lens through which we can look at the other side of this coin. All these analysts warn that private credit could amplify a financial crisis, not necessarily create it. That’s left to more enterprising doofuses determined to bring back failed 19th century economics."
"China’s economy was on shaky ground before Trump decided to blow up the engine of global trade, but there are now signs that the tariffs are creating a deflationary shock for the world’s manufacturer. Trumpers may want to spike the football upon seeing that news, but the tariffs are a form of mutually assured destruction with our largest trading partner"
"It’s hard for the Fed to justify a 25-bps cut from a 4.33 percent Fed Funds Rate when short term Treasury yields are bubbling just underneath it around four percent, and long-term yields are pushing the magic TACO number of five percent. The bond market ultimately sets interest rates, not the Fed, which is why mortgage rates have gone up even as the Fed has begun cutting over the last several months."
A Quick Primer on the Trump TACO Trade and the Economic Danger It Presents Now
"Trump Always Chickens Out because the Illuminati are real and they get very upset when long-term bond yields creep over five percent. That’s basically most of the TACO trade, just watch the long end of the yield curve and based on how close it is to five percent, you’ll get a sense for how many more days Trump is going to pretend to be Mr. Tough guy."
"The danger with the TACO trade is that Trump knows about it now and it clearly gets alllllll the way under his skin. He knows he has the “explode the global economy” button sitting in his office because the bond market consistently tells him he does, and if he grows resentful enough of the fact that Trump Always Chickens Out, as Lehman Brothers demonstrated earlier this century, it just takes one key time that he doesn’t chicken out for a lot of really bad things to unfold."
"Speaking of risky borrowers who have defaulted on loans before, the president of the United States is the lens through which we can look at the other side of this coin. All these analysts warn that private credit could amplify a financial crisis, not necessarily create it. That’s left to more enterprising doofuses determined to bring back failed 19th century economics."
"China’s economy was on shaky ground before Trump decided to blow up the engine of global trade, but there are now signs that the tariffs are creating a deflationary shock for the world’s manufacturer. Trumpers may want to spike the football upon seeing that news, but the tariffs are a form of mutually assured destruction with our largest trading partner"
"It’s hard for the Fed to justify a 25-bps cut from a 4.33 percent Fed Funds Rate when short term Treasury yields are bubbling just underneath it around four percent, and long-term yields are pushing the magic TACO number of five percent. The bond market ultimately sets interest rates, not the Fed, which is why mortgage rates have gone up even as the Fed has begun cutting over the last several months."
A Quick Primer on the Trump TACO Trade and the Economic Danger It Presents Now
"Trump Always Chickens Out because the Illuminati are real and they get very upset when long-term bond yields creep over five percent. That’s basically most of the TACO trade, just watch the long end of the yield curve and based on how close it is to five percent, you’ll get a sense for how many more days Trump is going to pretend to be Mr. Tough guy."
"The danger with the TACO trade is that Trump knows about it now and it clearly gets alllllll the way under his skin. He knows he has the “explode the global economy” button sitting in his office because the bond market consistently tells him he does, and if he grows resentful enough of the fact that Trump Always Chickens Out, as Lehman Brothers demonstrated earlier this century, it just takes one key time that he doesn’t chicken out for a lot of really bad things to unfold."