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The first boats carrying Chinese goods with 145% tariffs are arriving in LA. Shipments are cut in half. Expect shortages soon (lite.cnn.com)

submitted 1 month ago by [email protected] to c/[email protected]

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American consumers are on the cusp of tough choices because of President Donald Trump’s trade war.

Ships now pulling into US harbors from China are the first to be subject to the massive tariffs that America is imposing on most Chinese imports. That means, in a matter of weeks, consumers will face higher prices and shortages of certain items.

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[–] [email protected] 5 points 1 month ago

“So if you’re looking for a certain type of pants, you may find all kinds of pants, but not the type you want. And the type you want….are going to be priced up,” said Seroka.

For decades now that has been a "reason" why we can't have things every other modern country has like universal healthcare...

[–] [email protected] 4 points 1 month ago

Fucking Biden economy really gonna start hitting

[–] [email protected] 3 points 1 month ago

https://youtu.be/AJuU0CCb6cA

This guy is pretty knowledgeable about this news, and talks about how/where to find the real numbers.