| ▲ | lostlogin 6 hours ago | |||||||||||||||||||||||||||||||
How would this ever work? The vast bulk of tariffs are surely paid by the buyer, not the seller. | ||||||||||||||||||||||||||||||||
| ▲ | axiolite 3 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||
> 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:
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: | ||||||||||||||||||||||||||||||||
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| ▲ | tjbiddle 5 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||
It's more nuanced than that. Tariffs do not always 100% immediately get passed on to buyer. If there's a $100 product you'd like to purchase and there's a 100% tariff, it won't be $200. That product was made abroad, let's for $20. So the tariff should be $20, not $100. The US-based owner will go to the supplier, say they're getting squeezed by tariffs and first they'll try to see what they can do to recategorize the tariff, or negotiate with their supplier to absorb some of the expense. Let's say that got it down to $15. The owner still doesn't want to increase costs by 15%, so they'll hold off for a while and absorb, and then eventually maybe increase 5-10 and absorb further; perhaps eventually going the full stretch - maybe not. | ||||||||||||||||||||||||||||||||
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