Hi, everyone. Happy Friday. It's 4 o'clock in New York. What's that old expression? That's

something to do with lipstick and a pig? Well, keep that top of mind. I'm one of the most consequential

afternoons of Donald Trump's second term as president. It might surprise you to hear that.

After all, what could be more consequential than accidentally sharing war plans or gutting national security agencies or musing about deporting American citizens?

Well, today there is a new candidate for biggest blunder because in terms of in your face indicators, there are precious few of us

that can comfortably ignore what's more noticeable than sudden, perhaps dramatic increases

to the prices we pay for everyday goods.

That is what's happening today from Politico, quote, Trump's decision to eliminate a special exemption that allows

products from mainland China and Hong Kong under $800 to enter the U.S. tariff-free, part of his

trade offensive against Beijing, are hitting the ever-growing market of online shoppers.

Quote, starting Friday, Americans will see the cost of the president's 145% tariff on Chinese

goods on many packages they order directly from retailers there.

Some with tariff fees clearly displayed on their invoices.

If you're waiting for the pig, there it is.

Where the White House has made a cottage industry out of spinning,

BSing, lying these past few months and weeks, there is not enough lipstick in the world,

tariff or otherwise, to cover up the consequences today's development will have on how people

actually live and how much things cost them.

According to the New York Times, quote,

Stanley Black and Decker said on Wednesday that it raised prices on its tools and outdoor products last month

and will raise them again later this year.

The German sportswear company, Adidas, said this week that steeper tariffs would eventually

...