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WA-03 Democrat

(3,037 posts)
15. I am an importer from China
Wed Sep 23, 2020, 02:41 PM
Sep 2020

We get billed by DHL/UPS/FedEx 25% of the commercial invoice value because our components are housed in aluminum or zinc. The housing represents 15% of the total product cost but due to custom tariffs it becomes 100% because it’s not prorated upon value to the entire system. This bill is made by US Customs to my business and collected by the shipper. If we don’t pay it then we cannot import. US business pay for tariffs. In a simple world I could pass along 100% to the customer, but product pricing is complex. I pass 10% which is the max I believe the market supports. It kills my bottom line and many large and small business are in the same boat. It weakens US businesses, increases costs to consumers and does nothing to support restoring manufacturing in the US. It’s a racket or graft.

What does the customs department do with this money?

Moron... orwell Sep 2020 #1
It's dumber than that genxlib Sep 2020 #2
They Just Write The Check ProfessorGAC Sep 2020 #5
Do they? genxlib Sep 2020 #9
Depends On Industry ProfessorGAC Sep 2020 #12
they do, everyone is wrong in that conversation Amishman Sep 2020 #13
Sounds like you stopped him gratuitous Sep 2020 #3
Yeah, Pretty Close To Dumbest ProfessorGAC Sep 2020 #4
He didn't fool himself. dawg Sep 2020 #6
Doesn't That Constitute... ProfessorGAC Sep 2020 #10
For some it's willful, for some it just a lack of sophistication. dawg Sep 2020 #11
China must be asking itself... Yavin4 Sep 2020 #7
We, US consumers pay the tariffs. brush Sep 2020 #8
Obviously not an econ major! Initech Sep 2020 #14
I am an importer from China WA-03 Democrat Sep 2020 #15
Latest Discussions»General Discussion»Today my repug neighbor s...»Reply #15