Members phkrause Posted November 16, 2025 Author Members Posted November 16, 2025 Tariffs—Everything you need to know but were afraid to ask During his presidential campaign, President Trump pledged to impose universal tariffs of 10–60% on all U.S. imports—a whopping $4.2 trillion in goods and services purchased from abroad in 2024. This was always a real possibility. https://www.epi.org/publication/tariffs-everything-you-need-to-know-but-were-afraid-to-ask/? Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
Members phkrause Posted December 18, 2025 Author Members Posted December 18, 2025 ?1 for the road: Tree tariffs Illustration: Brendan Lynch/Axios O, Christmas trees may be a lot more expensive this year, Axios' Nathan Bomey writes. ? Artificial tree prices are up 10%–15% due to President Trump's tariffs, AP reports, citing the American Christmas Tree Association. ? Even a financial wizard like Ebenezer Scrooge couldn't avoid these tariffs: Very few artificial trees are made in the U.S. ? And producers "aren't likely to shift large-scale production back to the U.S. after decades in Asia" because the manufacturing process is "labor-intensive" and requires "holiday lights and other components the U.S. doesn't make," per AP. ? Prices for real trees depend on local supply, size, precut vs. cut-your-own, etc. Go deeper. Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
Members phkrause Posted January 22 Author Members Posted January 22 ? Amazon CEO: Tariffs fueling price hikes Illustration: Annelise Capossela/Axios Amazon CEO Andy Jassy says prices on the company's platform are increasing because of President Trump's tariffs, Axios' Nathan Bomey and Kelly Tyko report. ? The comments break from Amazon's earlier insistence that the tariffs weren't affecting prices. ? Jassy, speaking on CNBC from the World Economic Forum in Davos today, said some third-party sellers "are deciding that they're passing on those higher costs to consumers." "Some are deciding that they'll absorb it to drive demand, and some are doing something in between." (Watch.) Amazon is working with partners to keep prices "as low as possible," Jassy added. ? But he said: "You don't have endless options," noting retailers' razor-thin margins. Go deeper. Amazon prices Amazon CEO Andy Jassy says that tariffs implemented under President Trump may be contributing to higher prices on some Amazon orders. Like many retailers, Amazon and its third-party sellers stocked up on inventory ahead of last spring's tariff rollout, but that inventory ran out by the fall, Jassy said in a CNBC interview on Tuesday. Jassy said that some sellers are passing higher costs on to consumers, while others are absorbing them or taking a mixed approach. Walmart, Target and Home Depot have also warned that tariffs are translating into steeper prices for shoppers. Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
Members phkrause Posted March 9 Author Members Posted March 9 Nintendo Sues US Government, Demands Full Tariff Refund Plus Interest Nintendo's lawsuit appears to be one of hundreds filed in recent weeks demanding tariff refunds. However, IT troubles are preventing a federal agency from issuing refunds quickly. https://www.pcmag.com/news/nintendo-sues-us-government-demands-full-tariff-refund-plus-interest? Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
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