A real life example of how braindead our tariff policies are. I have a friend who works in the gemstone business. The specific type of gemstone he buys & sells *only* comes from Sri Lanka - which got hit with a 30% tariff rate. He works in a building on 47th Street in New York. If he requests a parcel of gemstones to look through, pick out the ones he wants, and return the rest, he must nonetheless pay a 30% tariff on the value of the entire parcel. Even if he only buys 1-2 stones out of the 100 piece parcel. The building *next door* to him, has a “Free Trade Zone” designation. Which means that his competitor is allowed to order the entire parcel, not pay any tariff, and then simply pay the tariff on his final purchase. My friend? Got told to kick sand and deal with it by U.S. Customs. And now, his business is suffering tremendously, simply because he’s working out of the wrong building. 2nd graders making mock lemonade stands are more sophisticated than the current U.S. government.