fasttwitch
VIP Member
- Mar 17, 2011
- 2,812
- 3,924
So for me and 99.99% of Americans this doesn't mean shit and if you have a company that has been importing packages less than $800 bucks then WTF are you selling and or making a year?
You are somewhat correct, LG. I actually half agree with Trump on this issue.
Here's the problem as it affects me. Lets say me or my suppliers import a pallet or (my suppliers) a cargo container load of parts from China. We have to pay the tariffs. The amount we import can never be as small as $800. For me alone it would be at least $10,000. For my suppliers bringing in containers it will surely be $200,000+. There is no escaping tariffs. So me or my suppliers have to pay the tariff.
But, many sellers (especially Amazon Chinese sellers) were bringing in say $750 every other day. They are purposely timing their split shipments to land just under $800. Instead of large shipments like most American companies would make to resupply, they would bring in hundreds of small shipments to escape de minimis. These are prepacked in China with Amazon bar codes and go straight to FBA fulfillment centers. This was clearly hurting American companies. De Minimis ends the era of super cheap Amazon and eBay goods.
In this I agree with Trump. There has to be a way to make the field level.
I just disagree with Trump on De Minimis affecting somebody bringing in some one off item. I really wish Trump had made De Minimis tariffs so the quantity of items AND the amount of the shipment. Or figured out a way to limit shipments to a certain amount. I don't know. I'm not an expert, but there must be a solution?
Personally, the de minimis is helping my little business. The Chinese sellers have had to raise their prices. Bad for consumers, good for me!
I think this whole tariffs issue will eventually end up in the Supreme Court. Although the Supreme Court is aligned with Trump on social issues they may shoot down his tariffs. The US constitution is clear about the power to levy tariffs. "The U.S. Constitution, under Article I, Section 8, grants Congress the sole power to lay and collect duties (tariffs) on imports and to regulate foreign commerce."
Excepting emergency. Its going to be hard for Trump to make the emergency argument to a group of pro-business Supreme Court justices.