|
|
|
|
|
by Terr_
214 days ago
|
|
> Its funny how little US citizens know about this Is it really? It sounds like you're implying it's some kind of woeful ignorance, but I say it's perfectly reasonable: 1. Each US state is already in a open-borders zero-tariff framework with all other states, which covers a very large portion of what people purchase. 2. Until recently, most individual consumers didn't need to think about tariffs on international goods, since most purchases were <$800 and covered by the de minimis rule. (Which AFAICT was in place for ~80 years.) |
|
Sure, but it wasn't $800 for 80 years: the $800 change happened in 2016... the threshold was $200 from 2016-1994, starting at $1 (and tapering up) in 1938.