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The face of diversity, equity and inclusion.

Getting a little tense in here. Let’s dial it back, gentlemen.


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Don’t know why but I thought of SKB when I saw this.
Chillin’ in the backyard enjoying his morning bowl and cup of coffee and getting attacked by an insane elk or whatever the heck that animal is.

https://youtube.com/shorts/XvUCWsQhyYM?si=DuT1f3RhPRRXV5IF

I am Surprised You Guys haven't called out the BrentD, Prof. for what He Really is, A LIBERAL ANTI AMERICAN HACK !

Lol. You just need to read a few more threads. I would guess Brent has been called those things and many more. 🤣

Someone explain this tarrif on Canada. My buddy runs a small lumber business and gets most of his lumber from Canada because that's what his custom builders want. Yes, it costs more then US lumber, but less warping and less knots, more consistent. He said this tarrif is going to drive up prices a lot and he has no choice but to pass it on.

He has been in the lumber business for 35 years fwiw.

Russian lumber imported through Germany can be superb, and cost effective. But I don't know about availability these days. I'm just glad that my house and barn were framed up back in November. Lumber prices are/were at precovid levels, but probably not by the end of this coming week.

From Sundance:

[Sec 2, SubSection (h)]: Sec. 2. (a) All articles that are products of Canada as defined by the Federal Register notice described in subsection (e) of this section (Federal Register notice), and except for those products described in subsection (b) of this section, shall be, consistent with law, subject to an additional 25 percent ad valorem rate of duty. Such rate of duty shall apply with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern time on February 4, 2025, except that goods entered for consumption, or withdrawn from warehouse for consumption, after such time that were loaded onto a vessel at the port of loading or in transit on the final mode of transport prior to entry into the United States before 12:01 a.m. eastern time on February 1, 2025, shall not be subject to such additional duty, only if the importer certifies to CBP as specified in the Federal Register notice.

[…] (h) For avoidance of doubt, duty-free de minimis treatment under 19 U.S.C. 1321 shall not be available for the articles described in subsection (a) and subsection (b) of this section. {link}

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.

Despite leftists preaching that people like us with our double and other guns are the major problem in the world, the US is at a point where around 80,000 deaths a year are occurring from abuse of synthetic opioids. Mr. Trumps actions are aimed squarely at de minimus imports, subjecting them to duty, tariffs, inspection and seizure.

https://www.statista.com/statistics/895945/fentanyl-overdose-deaths-us/

It is an emergency.




Best,
Ted

Not a tariff on Canada. It is a tarriff on goods imported from Canada paid by the importer to the US government.
Your buddy explained it correctly; the customer unlimitedly pays it because he has to pass on the price increase.

If it is an effective way to get a handle on illegal importations, especially drugs, I'm willing to help fund it with a small increase on lumber products from Canada. We're going to see such a sweeping lowering of prices on fuel and other perishables that It's going to be a win/win anyway.

Canada is in a world of hurt:

https://elizabethnickson.substack.com/p/canada-is-a-failed-state-and-mark

Few Americans realize the scope of the drug pipeline the Chinese have assembled through Vancouver and into the US.

Best,
Ted

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This ain’t about wood, Brent.