Turmoil ahead for imported items

ScarsdaleCoin

Tariffs now in place which means imported coins are going to go up…. The turmoil is going to happen because the big guys who import have presold at one price to dealers and now either a. Take a hit b. Tell the dealer to pay more c. Tell the dealer to cancel. Either choice someone is going to be gummed up…. Watch what happens

MsMorrisine

i thought i heard bullion was getting a pass for now

ScarsdaleCoin

@MsMorrisine said:
i thought i heard bullion was getting a pass for now

And I quote

“ This means that all coins and bullion that are not manufactured in the US will see an increase in pricing starting now.”

MsMorrisine

Some goods will not be subject to the Reciprocal Tariff. These include: (1) articles subject to 50 USC 1702(b); (2) steel/aluminum articles and autos/auto parts already subject to Section 232 tariffs; (3) copper, pharmaceuticals, semiconductors, and lumber articles; (4) all articles that may become subject to future Section 232 tariffs; (5) bullion; and (6) energy and other certain minerals that are not available in the United States.

https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/

MsMorrisine

Steel and aluminum already subject to Section 232 tariffs won’t incur the duties announced by President Donald Trump on Wednesday, the White House said in a fact sheet.(previous forum post) Gold and copper were cited as having exemptions as well.

https://www.mining.com/web/us-excludes-steel-aluminum-gold-from-reciprocal-tariffs/

bronco2078

desperate effort by dealers trying to raise premiums on random dreck

All privy marked koalas are going up 33% better stock up now !

Pass