Tariffs on Chinese goods could batter the U.S. vaping industry

[Myk]

If/when the 25% Tariffs (as mentioned in the Reuters article) kick in...the only way you (as a US consumer) will know...will be by FT's increased prices...

FT pays a 25% Tariff => FT raises their prices by 25% => ship to US => US vapers pay 25% more...

That's the way Tariffs work...the Chinese government does NOT pay the Tariffs...the Chinese corporations do NOT pay the Tariffs (they just pass them along)...the US government does NOT pay the Tariffs...it's the US consumers that (end up) paying the Tariffs...

(WOW!!! We'll sure teach them a lesson...)...

..

FT won't be in on it. Tariffs are on the importer.
It will look cheap and then when you get your package it will be with an added bill (probably only released after you pay).

 

[bnrkwest]

FT won't be in on it. Tariffs are on the importer.
It will look cheap and then when you get your package it will be with an added bill (probably only released after you pay).

That is my guess as I have had to pay on imports in the past.

 

[Myk]

That is my guess as I have had to pay on imports in the past.

That's what everything I found looking at customs said yesterday.
Whether ecigs are involved would probably take a customs broker to say. They are mentioned in the latest Harmonized Tariff Schedule but it says for statistics and either no quantities or the number (was abbreviated as no), but no rates are given.

Some things did say +25%, some even +35% but those weren't ecig things.

 

[Sugar_and_Spice]

That's what everything I found looking at customs said yesterday.
Whether ecigs are involved would probably take a customs broker to say. They are mentioned in the latest Harmonized Tariff Schedule but it says for statistics and either no quantities or the number (was abbreviated as no), but no rates are given.

Some things did say +25%, some even +35% but those weren't ecig things.

Wouldn't it be nice if ecigs were exempt? If you think about it, putting small business and workers out of a job goes against what trump has been saying and touting about boosting jobs in america. Not to mention going against congress saying they could not be banned totally. Interesting dichotomy....

 

[Myk]

Wouldn't it be nice if ecigs were exempt? If you think about it, putting small business and workers out of a job goes against what trump has been saying and touting about boosting jobs in america. Not to mention going against congress saying they could not be banned totally. Interesting dichotomy....

Also there's no playing field to level when it comes to ecigs except to protect tobacco.
If there was enough of a playing field that needed leveling it would take a lot more than 25%.

 

[b.m.]

That is my guess as I have had to pay on imports in the past.

I have also.I had a mod from a Chinese vendor a year or so back that was shipped through Fedex,and about a week after getting the package,i got a bill for $28 and some change for Customs fees,on a mod that was only $60 to start with.That is what has me curious when my current package arrives,as it was pulled by Customs for inspection,so definitely waiting to see if i get hit with the fee again,plus curious to see if anything was confiscated since the mod in the package does not meet the August 2016 deadline that was set.

 

[puffon]

I have also.I had a mod from a Chinese vendor a year or so back that was shipped through Fedex,and about a week after getting the package,i got a bill for $28 and some change for Customs fees,on a mod that was only $60 to start with.That is what has me curious when my current package arrives,as it was pulled by Customs for inspection,so definitely waiting to see if i get hit with the fee again,plus curious to see if anything was confiscated since the mod in the package does not meet the August 2016 deadline that was set.

Somethings not right with that. That is almost a 50% tariff.

 

[b.m.]

Somethings not right with that. That is almost a 50% tariff.

Yeah,it seemed quite high to me too,the bill said it was Customs fees,but i have no doubt part of it was Fedex fees as well,as they were the ones that sent the bill,and the payment went to them.
Actually,i take that back,it didn't say Customs fees,it said Import and duty fees,so i think it was all to do with them and not Customs.

 

[bnrkwest]

Has anyone else besides me actually read this list of US tariffs on China? It is mind boggling! https://ustr.gov/sites/default/files/301/2018-0026 China FRN 7-10-2018_0.pdf

 

[stols001]

Holy crud. I did not read the entire list, because it is mind boggling. Apparently I am going to have to die, in order to survive (and I bet something is ON that list that makes coffins more expensive, even.)

WOAH. The only way I see this being remotely fair is if the cost to the consumer is passed along to the small American businesses and even big ones. And, that should be directly. Etc.

I mean, it's one thing to buy American when you can, and I fully support American Businesses and like, whatever, to do so with every item on that list is not only insane, it's IMPOSSIBLE.

This is like a mommy breastfeeding her kid for like 10 years, and then "weaning it' because she suddenly decides it's "inappropriate" and then she taxes him for eating food.

Life's gonna get interesting around here, and I am no economist (and I think that job is pretty fake and also akin to Weather prediction, like if everyone gets it wrong, everyone just kinda shrugs and goes "oh well") but this is....

I don't even KNOW what to think other than Denim jeans are really tough to eat, even after you boil them for a long time. Maybe shoe leather. I think I have some made in America shoe leather around here.

Coincidentally, the husband just started baking bread in the bread maker. I hope our flour is of American Origin but I am going to BET ANYTHING our breadmaker isn't.

Hmm...

Anna

 

[bussdriver]

I have received 3 packages this last week from different Chinese vendors, 2 at work and 1 at home, the home being e-cig stuff. None of them had any problem with customs or importation. I looked at my e-cig stuff shipment on the attached CN22 statement label and it said the value was $8, which was about 10% of the amount I paid them for it. No difference at work, for battery protection boards and on remote control modules.

Don't freak out yet. So far I have noticed no problem. All of went through Chicago ISC (whatever that is) when they arrived in the country. All used USPS for final delivery (free shipping on all three).

 

[Myk]

All of went through Chicago ISC (whatever that is) when they arrived in the country.

International Shipping Center. I think it's basically customs but there is an update that actually says Customs which I assume means you're package is really getting looked at.

 

[b.m.]

International Shipping Center. I think it's basically customs but there is an update that actually says Customs which I assume means you're package is really getting looked at.

Yeah,that's what mine just went through.First said it departed LA ISC,then went inbound to customs,left customs and was scanned at a USPS distribution center,then got pulled back to inbound to Customs,before finally being released to a USPS distribution center again.

 

[puffon]

released today:
China can end the trade war by conceding defeat to Trump

 

[stols001]

I tried to read that but Martha McSally kept getting in the way (literally) and I couldn't figure out a way to get her off the screen (literally) so eh, I remain AT LARGE.

But I'm all for scaring the Chinese, dude, I mean it's almost HALLOWEEN there is so little time left.

Anna

 

[puffon]

I tried to read that but Martha McSally kept getting in the way (literally) and I couldn't figure out a way to get her off the screen (literally) so eh, I remain AT LARGE.

But I'm all for scaring the Chinese, dude, I mean it's almost HALLOWEEN there is so little time left.

Anna

I run AD blocker so didn't see McSally
Sounds like China maybe cracking under pressure.

"
China should cut its losses in the trade war by conceding defeat to Donald Trump
Xu Yimiao writes that China is running out of retaliatory tariffs against the US and has watched other major parties like the EU and Japan close ranks against it. Before the trade war gets more severe, Beijing’s leaders should seek direct talks with Trump, and may have to swallow their pride
Some serious discussions are going on in China as the country faces an escalating trade war with the United States, slowing domestic growth and increasing investment restrictions in the US and Europe. There seems to be recognition that the previous playbook drafted by hardliners has not worked and Beijing needs to change its strategy.
Beijing’s strategy of a tit-for-tat retaliation over tariffs has clearly failed. In fact, this strategy escalated the conflict. The direct retaliation after the US announced the first batch of 25 per cent tariffs on US$50 billion in Chinese goods (with the increase from US$34 billion just finalised and coming into effect on August 23) brought few benefits for China. If anything, it gave the US an excuse to plan for a new batch of tariffs covering US$200 billion in Chinese goods. To be fair, it is possible that the US would have escalated the conflict even if China had not retaliated, but whatever the case may be, China’s strategy did not work."

 

[Nermal]

Life's gonna get interesting around here, and I am no economist (and I think that job is pretty fake and also akin to Weather prediction, like if everyone gets it wrong, everyone just kinda shrugs and goes "oh well") but this is....
Anna

Nope. Economics is like psychology. Terrible about making predictions, but outstanding when it comes to explaining what already happened. Even meteorologists don't sink that low.

 

[bnrkwest]

Interesting, it is not like China to back down, we shall see

 

[Sugar_and_Spice]

Yeah,that's what mine just went through.First said it departed LA ISC,then went inbound to customs,left customs and was scanned at a USPS distribution center,then got pulled back to inbound to Customs,before finally being released to a USPS distribution center again.

So that means whomever paid the agents paid twice. Efficient.........not

 

[b.m.]

So that means whomever paid the agents paid twice. Efficient.........not

I'm wondering if it actually got pulled twice though,or if it was just a glitch with the tracking system.Either way,it still has me sitting here wondering where my package even is haha,it was last scanned leaving customs last Thursday,it was showing it was expected to be delivered Saturday,but has had no more scans to show any movement.