Small packages lose their tariff exemption
A rule that let low-value imports skip duties for a century is gone, and postal carriers are still adjusting to the paperwork.
Priya Vaithilingam
Economic data as it is published: inflation prints, payroll and unemployment figures, purchasing managers indexes, industrial production, trade balances and central bank decisions. Items give the consensus expectation, the actual figure and the revision history, then note which sectors the surprise reaches first. For anyone reading releases on the day.
Scheduled indicators and unscheduled shocks: inflation prints, payrolls, PMI readings, rate decisions and revisions that change the earlier picture.
A rule that let low-value imports skip duties for a century is gone, and postal carriers are still adjusting to the paperwork.
Priya Vaithilingam

Section 232 steel and aluminum duties doubled to 50 percent in June 2025 and still cover imports that fed auto plants, appliances, and construction.
Priya Vaithilingam
The consumer-price mechanics of tariffs are a level shift, not permanent inflation — and the exit is as gradual as the entry.
Priya Vaithilingam
After the Supreme Court voided the IEEPA tariffs, the collections stopped and the refund question opened — a rare case of revenue falling by court order.
Priya Vaithilingam