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  1. Embed this notice
    Evan Prodromou (evan@cosocial.ca)'s status on Wednesday, 22-Jan-2025 00:35:45 JST Evan Prodromou Evan Prodromou
    in reply to
    • Tom Coates

    @tomcoates US Customs already collects tariffs on imported goods. They have been doing this since 1789. It's wild to make up a new name for this.

    https://en.wikipedia.org/wiki/United_States_Customs_Service?wprov=sfla1

    In conversation about 11 months ago from cosocial.ca permalink
    • Embed this notice
      Tom Coates (tomcoates@me.dm)'s status on Wednesday, 22-Jan-2025 00:35:47 JST Tom Coates Tom Coates

      Honestly it’s this Department of External Revenue thing that weirds me out the most. He thinks he’s going to get paid by foreign countries? Like… how? Tariffs are paid by importers in the US. Foreign governments are most likely to just respond in kind with similar tariffs.

      In conversation about 11 months ago permalink

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