With the gutting of the U.S. government, who is going to collect or actually enforce the tariffs? And what keeps corporate America from telling the government to get lost?
They haven’t gutted CBP, because that’s who collects tariffs. They also are the primary enforcement arm of immigration, and Border Patrol is part of the CBP. Given that tariffs and immigration are two things Trump seems to be putting a lot of interest in, I don’t see much if any cuts coming their way. In fact Department of Homeland Security so far is mostly untouched aside from FEMA that I’m aware of.
In what way would corporate America tell Fed to go eff itself? Trump seems aimed at policies, aside from tariffs (which may be and likely will be passed on to consumers to some extent anyway), that makes things more lax for corporate America and gives them less to bitch about and or try pushing back on.
It hasn’t been “gutted” although everyone can agree it needs to be one level or another. Politicians shouldn’t be able to go in with $100-250,000 salaries and at the end of their term be worth over $20 million. Education funds shouldn’t be going to pay union salaries, our defense budget should be used on defense of our country and not anyone else’s or fund another country’s war. Our multiple health departments should be oversight and enforcing regulations on big pharma and not being paid to “accept and look away”.
The stocks will drop but bet you they are ready to be bought up by companies, the stock market and economy will recover. But only if we stick to one game plan and not switch every 4-8 years when the opposite party wins. From the dramatic changes from Obama first term to now we have no idea who made the positive decision and who’s fixing previous mess ups.
Trump has said he was going to start a new “External Revenue Service” to collect tariffs, even though the Commerce dept already does that. But then Trump says whatever random thing is floating around in his skull, who knows what he remembers!
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They haven’t gutted CBP, because that’s who collects tariffs. They also are the primary enforcement arm of immigration, and Border Patrol is part of the CBP. Given that tariffs and immigration are two things Trump seems to be putting a lot of interest in, I don’t see much if any cuts coming their way. In fact Department of Homeland Security so far is mostly untouched aside from FEMA that I’m aware of.
In what way would corporate America tell Fed to go eff itself? Trump seems aimed at policies, aside from tariffs (which may be and likely will be passed on to consumers to some extent anyway), that makes things more lax for corporate America and gives them less to bitch about and or try pushing back on.
Most people do not want to go to jail to pad their corporations profits.
These transactions involve lots of people and lots of paper trails. That’s a lot to keep secret
You’re missing the point. No oversight is the goal.
Since Canada, India, Vietnam and many other countries have announced they are dropping their tariffs, product prices will actually drop
It hasn’t been “gutted” although everyone can agree it needs to be one level or another. Politicians shouldn’t be able to go in with $100-250,000 salaries and at the end of their term be worth over $20 million. Education funds shouldn’t be going to pay union salaries, our defense budget should be used on defense of our country and not anyone else’s or fund another country’s war. Our multiple health departments should be oversight and enforcing regulations on big pharma and not being paid to “accept and look away”.
The stocks will drop but bet you they are ready to be bought up by companies, the stock market and economy will recover. But only if we stick to one game plan and not switch every 4-8 years when the opposite party wins. From the dramatic changes from Obama first term to now we have no idea who made the positive decision and who’s fixing previous mess ups.
Trump has said he was going to start a new “External Revenue Service” to collect tariffs, even though the Commerce dept already does that. But then Trump says whatever random thing is floating around in his skull, who knows what he remembers!