Why This Small Electronics Company Just Got Hit With a $36,000 Tariff Bill

Why This Small Electronics Company Just Got Hit With a $36,000 Tariff Bill

A breakdown of the combined costs of new and existing tariffs shows how small businesses get financially squeezed by huge import duties.

The Myth About America’s Export Deficit

Imagine that the BMW car dealership in a neighboring village — a dealership you knew to be honest — began to sell new, fully loaded BMWs for $30,000 each. The BMW dealership in your village sells the same cars for $50,000, so you went to the next village and paid $30,000 for a BMW. The car was everything you knew BMWs to be — ran great, looked great, no problems — best car you ever owned. So you told your family and friends about it, and they we…

High Tariffs Become 'Real' For Adafruit - With Their First $36K Bill Just For Import Duties

Adafruit's managing director Phillip Torrone is also long-time Slashdot reader ptorrone. He stopped by Thursday to share what happened after a large portion of a recent import was subjected to a 125% +20% +25% import markup... We're no stranger to tariff bills, although they have definitely ramp...