An alert sent out to shippers from U.S. Customs and Border Protection "notified users of a glitch in the system that is used to exempt freight from tariffs, including shipments from China that were already on the water at the time of this week’s whipsaw in tariffs policy, and any trade from nations now under the 90-day pause put in place by the Trump administration," reported Lori Ann LaRocco. "The alert explained that U.S. Customs discovered that the entry code for U.S. shippers to use to have their freight exempted is not working and 'the issue is being reviewed.'"Well, the bond market is still completely fucked, and merchants still don’t want to place orders for Xmas because they have no idea what inventory will cost when it arrives, so…
"Normally, when a U.S. importer pays for their freight, they file both the cargo release forms and their financial papers, so they can pay for their cargo. To keep the cargo moving, Customs is advising importers to file the cargo release form now, and file the financial form later, once the glitch is corrected," said the report. "For now, that means the tariffs are not being collected by the U.S. government."
…we’ll always have that.
What a pack of idiots.
😹😹😹😹
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