lol… Don’t you just love it when exactly what you knew would happen, starts to happen – SEE PREDICTION HERE.
This is, quite simply, a super-blast of Trumpian fuel that will overwhelm the DC outrage machine’s capacity to keep up. Exhausted media heads will explode as the machine’s narrative engineers struggle -against all odds- to keep the system operating…. “Stop the Hammering“.. lol
WASHINGTON DC – The United States Postal Service announced Tuesday night that it is temporarily suspending accepting packages sent from China and Hong Kong until further notice.
The suspension is effective immediately, the USPS said. Letters and flats are not included in the suspension, it said.
The postal service did not provide a reason for the suspension or say how long it expects it to last.
Earlier Tuesday, Beijing announced it would counter President Trump’s new 10% tariff on Chinese goods with retaliatory tariffs of its own. China said starting next Monday it would implement a 15% tariff on coal and liquefied natural gas products along with a 10% tariff on crude oil, agricultural machinery and large-engine cars imported from the U.S.
Mr. Trump’s tariff increase also eliminated a duty-free exemption for low-value packages coming from China. The “de minimis” exemption allows goods valued at $800 or below to come into the United States without paying duties or certain taxes. (read more)
Remember when President Trump established the “External Revenue Service?” … It’s all connected and sequential.
Almost everyone will miss, in part because outcomes appear in a sequence that few care to follow, but buried in the Trump tariff Executive Order {SEE HERE} you will discover something. As the unofficial Deep State strategist, and the self-appointed misfit explainer of stuff, lol, we will explain:
So, Canada and Mexico get 25% tariffs, but China only 10%. Why? The secret is in that subsection “(h)” when it talks about de minimis treatment. Essentially, what President Trump is doing is levying a much more massive import tax, and possible confiscation impact on the core source of fentanyl (and other illegal) substances.
Approximately a billion packages are estimated to enter the USA under the cover of the de minimis exemption. This is where the enforcement mechanism of the “External Revenue Service” combines with the tariff approach and the “state of emergency.” President Trump imposed the tariffs under the International Emergency Economic Powers Act, a nearly 50-year law that gives the president sweeping power to impose sanctions after declaring an emergency.
Now the billion packages, mostly from China, Mexico and Canada are going to be subjected to review and interception.
The de minimis loophole comes from back in the 1930s. The idea back then was, say you went on a vacation to Paris, you shouldn’t have to file customs paperwork or pay taxes if you decided to ship some little Eiffel Tower statues to your friends back home.
Congress in 2015 then raised the de minimis threshold from $200 to $800. However, the e-commerce world exploded, and Chinese companies began using the de minimis loophole to ship cheap goods (ex. Temu and Shein) into the USA direct to consumers without paying any customs duty.
It was reported last year that the U.S. was on track to receive a billion packages through the de minimis loophole that aren’t taxed and don’t have customs slips saying what they are. Making matters worse, illegal items are slipping through the cracks, including, knockoffs, unsafe items and even chemicals used to make fentanyl. The worst abuser that exploits this de minimis loophole is, by far, China.
President Trump can require a customs and duty declaration stating what is in every package and subsequently collect tariffs and duties.
Put it all together and President Trump is executing an Emergency Act executive order, plus the imposition of a tariff review, and simultaneous interception of de minimis packages previously unchecked as the enforcement mechanism. All executed by the External Revenue Service.
President Trump has got them surrounded, and the scope of it has the media so overwhelmed they cannot quite put it together.
Almost too much winning….
…. Almost!
Today, “no rush“…. This guy cracks me up.
President Donald Trump on Tuesday said that he is in “no rush” to speak with Chinese leader Xi Jinping despite expectations they would meet the same day, as trade tensions increase after both countries imposed tariffs early in the morning.
“We’ll speak to him at the appropriate time. I’m in no rush,” Trump told reporters in the Oval Office less than a day after both countries exchanged new trade curbs. The leaders of the world’s largest economies were unable to reach an agreement to stave off Trump’s threat to impose 10 percent duties on Chinese imports before midnight Monday, even after Trump opted to delay 25 percent tariffs on Mexico and Canada. (link)
The post BOOM, There it is – United States Postal Service Suspends all Package Deliveries from China and Hong Kong appeared first on The Last Refuge.
[H/T Conservative Tree House]