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We regret but have to temporary suspend the shipments to USA

(olimex.wordpress.com)
639 points CTOSian | 1 comments | 26 Aug 25 17:22 UTC | HN request time: 0s | source
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rkagerer ◴[26 Aug 25 20:26 UTC] No.45031905[source]▶
...importers must declare the exact amount of steel, copper, and aluminum in products, with a 100% tariff applied to these materials

I ordered a lock and some keys valued at about $400, and paid an extra $400 in duties because of this. It's insane.

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kacesensitive ◴[26 Aug 25 20:27 UTC] No.45031922[source]▶
Wait consumers are paying the tariffs??
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brandall10 ◴[26 Aug 25 20:40 UTC] No.45032041[source]▶
It’s fundamentally how tariffs work. The importer pays the cost. If it’s a finished good to a consumer, they pay the full amount. If it’s a finished good to a retailer, it’s the wholesale cost. If it’s on components used domestically, it’s the wholesale cost of those components.

In the latter two cases, it’s up to the domestic supply chain to decide how and and how much of those costs get passed on to consumers.

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throwawaylaptop ◴[26 Aug 25 21:02 UTC] No.45032289{3}[source]▶
If a US made Bolt is $1, and a Chinese one is $0.50, I buy Chinese. If now the Chinese bolt is $1, I buy American. If China tries to reduce the price of their bolt to $0.40, making it $0.80 for me, I still buy American because of quality and speed and reputation and returns, and more. So China makes the Bolt $0.25, I pay $0.50, and all is back to normal.

Yes I technically paid the tariff.... Except really China lost money, the US gained money, and I paid the same because that's the price difference required for me to buy Chinese.

Will it always work out like this? Idk. But this is what they are referring to when saying the exporter will pay it in the end.

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psyklic ◴[26 Aug 25 21:37 UTC] No.45032615{4}[source]▶
In actuality, the Chinese company can't half their prices. So instead of paying $0.50 for a Chinese bolt, consumers now will pay $1.00.

Unfortunately the US bolts will not be plentiful enough. They'll also have to import steel to meet new demand, increasing their price. So ultimately you'll still buy the Chinese product but it will now cost double the price -- $1.00 after tarrifs. Hence the price of everything that has a bolt will increase.

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throwawaylaptop ◴[26 Aug 25 22:08 UTC] No.45032973{5}[source]▶
Why can't they? You think Chinese products are priced to perfection via competition? Or maybe their government had a hand in it, or they learned to price to what the market will pay.. I guess we'll find out... Either it'll be what makes sense to me, or what some writer told you.
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1. psyklic ◴[26 Aug 25 22:12 UTC] No.45033000{6}[source]▶
Sure, let's suppose they go down some. For the same reasons you'll still end up paying more for the same Chinese products, which will raise domestic prices.