Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.
I’m pretty sure all the people who deal with imports have to be on the verge of a mental breakdown. What a nightmare. Policy made by a petty, stupid tyrant based on apparently nothing but vibes and changing as often as he shits his diaper is no way to run a country, but here we are.
A friend works for a hardscaping company - sidewalks, drainage, parking lots, etc. Every day she gets an email about price changes on equipment and materials. It’s making her crazy!
I once worked on a project to calculate tariffs on goods for an importer. It was a massive job with lots of edges cases. And that was under normal conditions.
My gut feel is that some, maybe even most of this can be worked in, but there is absolutely going to be shit going under the radar because it’s too hard, too confusing or out right contradictory.
It’s been hell since the start of February. Reporting from the front lines. I’ve got folks working 16 hour days right now to keep supply chains moving.
As a side note, can you imagine being an accountant and trying to keep track of the tariff declarations that are changing daily?
I’m pretty sure all the people who deal with imports have to be on the verge of a mental breakdown. What a nightmare. Policy made by a petty, stupid tyrant based on apparently nothing but vibes and changing as often as he shits his diaper is no way to run a country, but here we are.
I literally think it’s so absurd that there has been some kind of collective agreement to just ignore Donald Trump’s dementia laden rambles.
https://www.theverge.com/news/647480/trumps-tariffs-reportedly-arent-being-collected-for-freight-shipments
Idk what’s actually happening here but I hope my knee jerk reaction is correct :)
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A friend works for a hardscaping company - sidewalks, drainage, parking lots, etc. Every day she gets an email about price changes on equipment and materials. It’s making her crazy!
I once worked on a project to calculate tariffs on goods for an importer. It was a massive job with lots of edges cases. And that was under normal conditions.
My gut feel is that some, maybe even most of this can be worked in, but there is absolutely going to be shit going under the radar because it’s too hard, too confusing or out right contradictory.
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It’s been hell since the start of February. Reporting from the front lines. I’ve got folks working 16 hour days right now to keep supply chains moving.
Yeah I do quoting for a manufacturer and it’s fucking hell.