Mark Cuban tweeted this and I thought it was useful: I think one major point the discussion of tariffs is missing is the time and cost to businesses, even the smallest single person company. It’s a lot of work. It’s a lot of bureaucracy. It almost always required hiring a broker to deal with all of it. And of course there is the ongoing record keeping that each business is responsible for. Here is what @grok had to say (really growing attached to @grok @elonmusk) When importing products that are subject to tariffs, here’s what you generally need to do: 1. **Determine the Tariff Rate**: Use the Harmonized Tariff Schedule of the United States (HTSUS) to classify your product and find out the applicable tariff rate. This classification involves determining the correct HTS code for your product, which can be complex and might require consulting with a customs broker or trade specialist. 2. **Calculate the Duty**: Once you know the tariff rate, calculate the duty you’ll owe. This duty is based on the customs value of the goods, which includes the cost, insurance, and freight (CIF) value. The formula typically looks like this: Duty = Customs Value * Tariff Rate. 3. **Customs Entry**: File a customs entry through the Automated Commercial Environment (ACE) system, usually with the help of a customs broker. This entry includes all necessary documentation like commercial invoices, packing lists, and possibly a bill of lading or airway bill. 4. **Pay the Duty**: You’ll need to pay the calculated duty, along…