Most important part of these tariffs:
“The trade rule allows packages to be shipped from foreign countries directly to consumers or businesses without paying tariffs, as long as the shipments do not exceed $800 per recipient per day. The new proposal would strip that exemption from a wide array of products and most likely have a significant impact on large importers of Chinese goods such as Shein and Temu, two online marketplaces that have become popular with American shoppers.”
This trade rule being taken advantage of by Aliexpress, Temu, and Shein is the sole reason why significant amounts of Americans could still afford to buy a lot of consumer goods despite having their real wages crash year after year. This would genuinely trigger another cost of living crisis
A lot of people are “employed” by running dropshipping businesses based on marking up cheap stuff from AliExpress. This is going to fuck over a lot of people in precarious financial situations.
I don’t expect Dems to care
I forgot about dropshippers lol. There’s no way they’ll be able to profit by selling American junk, and I don’t think most places have the industrial capacity to pump enough junk into the US like China