| ▲ | sleepyguy 3 days ago |
| The consumer and small business lose, all because China couldn't resist taking advantage of the program. Now, simply ordering any item from Canada or Europe that is not available in the US will incur costs that are several times the item's value. Why not just end De Minimis to China and leave it for the rest of the world that doesn't take advantage of it and reciprocates with their own De Minimis for US Imports? |
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| ▲ | the_mitsuhiko 3 days ago | parent | next [-] |
| > all because China couldn't resist taking advantage of the program It’s not China but businesses. Mostly Chinese businesses but it’s still a lot of individual companies that utilize it. |
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| ▲ | throwrt5ur33 2 days ago | parent | prev | next [-] |
| If consumers and small businesses weren’t ordering in the first place, then there would be nothing to “take advantage.” |
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| ▲ | yunohn 2 days ago | parent [-] | | Exactly. Don’t blame exporters; nothing ships without an order. Same with illegal immigration: Trump & others could hire only legal locals at their hotels/resorts/farms - but don’t. So we go in circles about how to “solve” it. Unpopular, but same with drugs: dealers/cartels aren’t forcing anyone to snort cocaine or do heroin. They do horrific things otherwise, but users share blame for the actual drug use. |
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| ▲ | nbngeorcjhe a day ago | parent | prev | next [-] |
| > all because China couldn't resist taking advantage of the program How is China "taking advantage" of anything? They produce decent products at low prices. |
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| ▲ | 3 days ago | parent | prev | next [-] |
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| ▲ | ReptileMan 3 days ago | parent | prev | next [-] |
| Because then you will order from Kyrgyzstan. The same way EU trade with Kyrgyzstan jumped like 100 fold after the sanctions against Russia. |
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| ▲ | sleepyguy 3 days ago | parent [-] | | No, because I like to order items from Canada and the EU that will now incur an enormous duty. A t-shirt from Canada or Germany will incur additional fees of $50 -$250 USD, depending on where it is cleared. There is the law of unintended consequences. Other countries will now make American small business products much more expensive to export. Why would they give a De Minimis to these small businesses when the USA doesn't reciprocate? You're only thinking about China and not the rest of the World. US small businesses buy things (under $800) from countries like Canada and the EU, and were able to do so because of De Minimus. Canadians could buy things from US small businesses without worrying about duties as long as it was under $500. Now even the smallest item, even a gift from abroad worth $20, will incur a duty of $50-$250 plus administrative fees from the carrier. | | |
| ▲ | bgnn 2 days ago | parent | next [-] | | I think this is exactly the intended consequence. This is a protectionist economic policy, and its consequences will be reduced imports and exports. US is the biggest market for everyone, because they have the sweet sweet dollars and that dollar is the global reserve currency. The government is fighting with that to be honest, and they aren't only hostile towards China, but to the whole world. EU amd Canada are actually at the top with China. | |
| ▲ | AnonC 3 days ago | parent | prev | next [-] | | This (targeted deminimis removal for China alone) is a difficult problem to solve reliably and complex. As seen with Nvidia chips or other products with export controls, in this case sellers will find a way to buy from China and route it through other countries to benefit from the exemption. In the end, sales by China may not be dented as much as one may believe it to be. I understand your point that removing it for all is a blunt instrument and causes different problems and harms. Hopefully some policy adjustments are made with some trade offs. | |
| ▲ | ReptileMan 3 days ago | parent | prev | next [-] | | Usually taxes are percentage of the value of the import. Where do you get those 250$? > Other countries will now make American small business products much more expensive to export. They already are/were. From EU it never made sense to buy anything from small US business - with the absurd shipping costs and VAT. | | |
| ▲ | sleepyguy 3 days ago | parent [-] | | >Usually taxes are percentage of the value of the import. Where do you get those 250$ If the sending country doesn't collect customs duties for the US, then the US will place a flat fee of $250 on the item regardless of its value. >From EU it never made sense to buy anything from small US business, with the absurd shipping costs and VAT. Perhaps in your case, but some products are specialized or of much higher quality than can be found in the USA. |
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| ▲ | sigwinch 2 days ago | parent | prev [-] | | I read $80-$200. |
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| ▲ | danaris 2 days ago | parent | prev [-] |
| Really? You think this is China's fault? When the de minimis exemption for China already ended 4 months ago? And it would, in fact, have been easy for Trump to do exactly what you suggest, if that had been his intention? This isn't about China. This is about Trump's stubborn wrongheaded idea that tariffs are Good, Actually, and that means they should apply to everything. I'm not thrilled with the way China acts in general, but come on; place the blame where it really belongs—and not on one of the victims. |
