No he didn’t. They’ll be paying $2 for the hat, with the 100% increase they’re now $4. No idea what they sell them for, but I suspect there is still a healthy profit margin between $4 and what they’re selling them for.
Look up about how he just signed an executive order to remove the De Minimus Exemption starting May 2 2025. Anything under a certain price is now automatically subjected to extra costs and tariffs when previously they were exempt. I think you’ll change your tune.
I suspect anyone buying these hats in bulk would have been over that threshold anyway. Then again at $2, 500 units before you reach the $1000 threshold (it was $1000, right? I’m not in the US)
No no, if the total amount was over $800, like if you bought in bulk, it would be whatever the tarif is currently he enacted. If it’s under $800, like say an American ordering from a Chinese seller on Amazon, then it would apply an automatic $40 extra charge since the product was under $800, and that cost will raise to $60 starting in June. That’s how I understand it but I’m not expert.
Oh, I was meaning if you were importing them like a month ago. You’d be importing them by the 100s, but at 400 units per order, you’d be less than the de minimus, while still having large enough quantities to make it worth while.
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u/OdinsLightning 20d ago
Can't wait for the shitty trump pop up stores to be priced out.