Life Is Like a Box of Tariffs You Never Know What You're Gonna Get
Mama always said life was like a box of chocolates you never know what you're gonna get. Well seems like this here trade business is kinda the same. This Supreme Court bless their hearts they made a decision on them tariffs that President Trump put in place. Said they weren't exactly playing by the rules. But even though they said that seems like folks are still paying them. Just like running in mud you gotta keep going even if you ain't sure where you headed.
CBP Caught in a Customs Conundrum
Now the U.S. Customs and Border Protection or CBP as they call it they're supposed to be updating their computers. It's like Jenny trying to fix the carburetor on my shrimp boat – takes a while. They gotta take out them old tariff codes and put in the new ones or rather no codes at all. But they ain't done it yet. They say they're working with other government folks to figure things out. Seems like everyone's running around like chickens with their heads cut off. Speaking of figuring things out have you seen AI Boom Stocks Poised to Outperform Wall Street's Top Picks Revealed? It seems everyone is trying to figure out these AI Stocks and how they affect markets. But for now importers are stuck paying just like Bubba Blue always had to pay for shrimp equipment.
Run Forrest Run... and Pay Your Tariffs
This lady Lori Mullins from Rogers & Brown Custom Brokers she says that folks gotta keep reporting these old tariffs just to get their stuff released. It's like having to say 'I love you Jenny' every time you wanna get a hug. Even if you don't feel like it. They gotta pay these tariffs now and maybe just maybe they'll get some money back later. But who knows when that'll be
$8.2 Billion and Counting: That's a Lot of Shrimp
Between Friday and Sunday this here Vizion outfit says about 211,000 containers of goods came into the U.S. and they were worth about $8.2 billion. That's a whole lotta shrimp even for Bubba Blue. All them folks had to pay them tariffs even though the Supreme Court said it wasn't right. Just like having to run across the country even when your feet hurt.
Corrections Coming... Eventually
This fella Michael Lowell a lawyer from Reed Smith he says it'll take Customs a while to fix their computer system. So folks gotta file paperwork with the tariffs now and then file another paper later to take them tariffs off. It's like having to peel shrimp twice. He says these corrections usually take a couple of weeks maybe a month but with so many folks doing it it might take even longer. Just like waiting for Jenny to come back you gotta be patient.
Refunds: The Mystery Box of Trade
And then there's the refunds. Seems like the Supreme Court didn't say nothing about getting money back. That's up to this U.S. Court of International Trade or CIT for short. This other fella Ben Bidwell from CH Robinson he says nobody knows if folks are gonna get refunds or how much. It's like waiting for a letter from Jenny you just don't know what it's gonna say. This Kuehne + Nagel company is telling folks to keep all their papers in order just in case. Seems like everyone's hoping for the best but preparing for the worst. Just like preparing for a hurricane you never know how bad it's gonna be.
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