←back to thread

320 points goldenskye | 1 comments | | HN request time: 0s | source
Show context
IncandescentGas ◴[] No.45941867[source]
I just got an invoice from ups to pay a $16 brokerage fee to jpmorgan for collecting a $0.60 tariff on a sticker included in a box with a custom keyboard shipped from Taiwan. Seems like wall street is making out better than the US on this arrangement
replies(3): >>45941883 #>>45942055 #>>45942116 #
axiolite ◴[] No.45942116[source]
Yeah, I noped-out when I saw eBay's writeup on tariffs owed by the buyer (not paid by the seller):

"Shipping carriers or US Customs usually charge $5–$30 in processing fees. Add the item price, import fees, and processing fees to estimate your final cost."

https://pages.ebay.com/tariffs/

Not something I'm doing for a $5 item... I'll sit back and wait until the Supreme Court finds the tariffs are illegal, and the Fed has to pay every cent back to the businesses, suddenly sending the US spiraling into the biggest budget deficit in history.

replies(2): >>45942271 #>>45942278 #
lostlogin ◴[] No.45942271[source]
How would this ever work?

The vast bulk of tariffs are surely paid by the buyer, not the seller.

replies(2): >>45942479 #>>45943089 #
axiolite ◴[] No.45943089[source]
> tariffs are surely paid by the buyer, not the seller.

The US has declared import tariffs are to be paid by the importer/shipper, not collected from the end purchaser after... The opposite of the rest of the world.

If you look through eBay, at items coming from China, you'll see most are noted as:

  Import fees: Includes import fees
  This item includes applicable import fees—you won’t pay anything extra after checkout."
So they are being paid by the seller/importer/etc.

It seems to be a rare exception that you'll see the seller is not paying the tariffs:

  Import fees: Import fees due prior to delivery
  Due to US customs policies, the buyer of this item will need to pay import fees to the shipping carrier prior to delivery.
replies(1): >>45943162 #
lostlogin ◴[] No.45943162{3}[source]
> It seems to be a rare exception that you'll see the seller is not paying the tariffs

The seller won’t take the hit if that results in a loss. Surely the price just went up to include the tariff?

replies(2): >>45943202 #>>45943551 #
1. mitthrowaway2 ◴[] No.45943551{4}[source]
Maybe, but when I order from Canada I don't see a lower price. So probably we're paying for your tariffs.