penitentkulak [none/use name]

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Joined 2 years ago
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Cake day: July 23rd, 2023

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  • I only have experience at land borders and more with US->Canada trucking, but nothing really should change other than changing tariff rates in the computer systems. Even when loads were carrying duty/tariff exempt items (ie NAFTA stuff) they would go through the same process of submitting info on the load, and paying applicable fees (in my case only tax). In the rare case there were extra tariffs to apply the computer would just add those to the total and the payment process was identical. Upon further reading this was a short term glitch because the tariff codes for some exempted items weren’t working. I’d guess it likely just delayed payments, even if stuff was maybe released from the ports during those 10 hours, major shippers aren’t going to want to get testy with CBP because their entire business model relies on them.


  • See this article:

    https://unherd.com/2025/02/why-trumps-tariffs-are-a-masterplan/

    Trump has been lamenting the decline of US manufacturing for decades: “if you don’t have steel, you don’t have a country.” But why blame this on the dollar’s global role? Because, Trump answers, foreign central banks do not let the dollar adjust downwards to the “right” level — at which US exports recover and imports are restrained. It is not that foreign central bankers are conspiring against America. It is just that the dollar is the only safe international reserve they can get their hands on. It is only natural for European and Asian central banks to hoard the dollars that flow to Europe and Asia when Americans import things. By not swapping their stash of dollars for their own currencies, the European Central Bank, the Bank of Japan, the People’s Bank of China and the Bank of England suppress the demand for (and thus the value of) their currencies. This helps their own exporters boost their sales to America and earn even more dollars. In a never-ending circle, these fresh dollars accumulate in the coffers of the foreign central bankers who, to gain interest safely, use them to buy US government debt.