Posted on 04/14/2025 2:44:14 AM PDT by Brian Griffin
Way too complex and way too open to loopholes.
Basing the tariffs on the trade imbalances makes much more sense.
Thanks for thinking. It does seem complex and subjective. Who will oversee and enforce compliance?
Are you a Progressive plant? This is the government agencies full employment act.
Trump could reassign 87,000 IRS agents to monitor this. 😁
“It does seem complex”
I’ve read that NAFTA is over a thousand pages.
“This is the government agencies full employment act”
via any optional scheme the Secretary of Commerce may allow a bona fide manufacturing exporter to participate in
as directed by the President of the United States and otherwise allowed by law,
approved for tariff exemption by...the Secretary of Commerce
All that requires two people.
“excluding most raw material transactions”
That is mainly so Canada doesn’t get whacked for exporting oil to us so we can export oil from Texas and Louisiana.
Better five extra words than 30 million angry Canadians.
“The Secretary of Commerce may by regulation provide tariff exemptions up to the following amounts”
And he might not.
by regulation & up to gives him freedom to prevent scams, such as sticking defective GB chips into stuff where no GB chip is needed
“initially 0%, and then increasing by 2% at the start of every IRS quarter month after 2025 to 20%”
Why not a simple 25%?
So companies have time to adapt to the new scheme.
Every three months Uncle Sam will nudge a bit harder.
“Who will oversee and enforce compliance?”
Most tariff things are probably done based on trust by USCIS, with spot checks.
The importer fills out a form online and hits the ENTER key.
Every single thing you listed will need to be precisely defined and codified into law. It all will need inspection and enforcement. Every step in that process will require government agencies employees. Then let’s add the small army of inspectors. All of which will be subject to regulatory capture, litigation, and lobbyist.
“5. as directed by the President of the United States and otherwise allowed by law,”
That would allow the President to protect the steel and auto industry.
14 words - tens of thousands of jobs
“Every step in that process will require government agencies employees.”
I, the CEO of General Motors, do certify, under penalty of law....
Such certification, like your banking, would be password secured.
Chinese Fentanyl Precursors Ltd.
....China
Brian Griffin
1 Sunny Lane
Sweatville, FL 34001
Things coming in need to get checked, from trusted shippers, rarely, from untrusted shippers, very often.
The base tariff for a particular import shall be:
1. increased 2% per dollar...
on the industry wage shortfall of a key source country
2. increased by...US<->international commercial cash flow US shortfall,
3. increased by the percentage of the latest 12-month US<->the key source country commercial cash flow US shortfall
4. adjusted based on the latest 12-month US<->foreign exchange rate change
5. as directed by the President of the United States..
adjusted based on domestic producer profitability
I’m adding industrial wage shortfall[1], Presidential industry protection[5], considering trade imbalances both with the source country[3] and all foreign countries[2].
Why [4]? So countries like the UK have built-in protection against George Soros-type currency speculators.
Warplanes, tanks, ships, watches and many systems need to be able to take a licking and keep on ticking.
I’m proposing a system that is pretty much self-adjusting so the rules can be counted on for years to come.
lol. Certify what? It’s the classification that counts no that certification.
Do you hear about small transit vans from Ford imported with seats and carpet was less tariff (it was classified as a car) than the same van with no seats or carpet (that’s classified as a truck).
The tariff solution? Either lobby to change the classification of the truck to a car or order the car and strip out the seats and carpet after custom’s clearance.
You obviously are naive or have never dealt with tariffs. Or even government agencies. Though I’m sure you have the best of intentions.
One of my classifications is “motor vehicle”.
car or van, no classification problem
There’s no “motor vehicle” classification problem
even if you are Fred Flintstone driving Barney Rubble to work.
Yousers! I went to your home page and see you’ve planned out this level of minute rules for many other political issues!
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