Tariffs
- Thread starter delldude
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KCFlyer
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WeAAsles
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Recession seems to be slowly fading into the ether.
“Mortgage demand from homebuyers continues to recover, even with higher interest rates
Mortgage demand from homebuyers rose for the second straight week, suggesting that potential buyers are now more enticed by the increasing supply of houses for sale than they are dissuaded by recent economic uncertainty and concern over tariffs.”
https://www.cnbc.com/2025/05/14/mortgage-demand-from-homebuyers-continues-to-recover-even-with-higher-interest-rates.html?__source=iosappshare|com.apple.UIKit.activity.CopyToPasteboard
“Mortgage demand from homebuyers continues to recover, even with higher interest rates
Mortgage demand from homebuyers rose for the second straight week, suggesting that potential buyers are now more enticed by the increasing supply of houses for sale than they are dissuaded by recent economic uncertainty and concern over tariffs.”
https://www.cnbc.com/2025/05/14/mortgage-demand-from-homebuyers-continues-to-recover-even-with-higher-interest-rates.html?__source=iosappshare|com.apple.UIKit.activity.CopyToPasteboard
WeAAsles
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“The American people that this bill was crafted for may not have an army of DC lobbyists to defend them, but they do have us and they do have President Trump and that’s why we’re here — to fight for the working men and women who built this country,” Smith said at a press conference ahead of the mark up. “Failure is not an option through this process. America first is what President Trump promised, and that’s what this committee will deliver in the ‘one big, beautiful bill.’”
WeAAsles
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While I’m not crazy about the drop of Tariff rates on junk sales, I don’t think this relief 🥲 is very substantial either.
“President Donald Trump has slashed the "de minimis " tariff on low-value packages imported from China to 54 percent, down from 120 percent, the White House confirmed in an updated executive order published late Monday.
A $100 flat fee will also continue to apply to the packages. An increased $200 fee due for June will no longer come in. The new measures will all take effect on May 14.”
www.newsweek.com
“President Donald Trump has slashed the "de minimis " tariff on low-value packages imported from China to 54 percent, down from 120 percent, the White House confirmed in an updated executive order published late Monday.
A $100 flat fee will also continue to apply to the packages. An increased $200 fee due for June will no longer come in. The new measures will all take effect on May 14.”
Trump slashes "de minimis" tariff on China for low-value packages
The tariff affects China's major e-commerce services such as SHEIN and Temu.
www.newsweek.com
KCFlyer
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