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Dead Metal wrote:william-james88 wrote:Glyph wrote:william-james88 wrote:Well then that's what this tariff becomes for you guys. Hence why I use the term that it's like VAT or our Canadian GST. A sales tax at the federal level.ScottyP wrote:There is not. At least not yet.william-james88 wrote:You mention local/states sales tax. Is there a federal sales tax too?
No, that's still not it. VAT and other sales taxes are charged on ALL goods, import and domestic alike, paid by the buyer at the point of sale. Tariffs are an extra rate applied only to IMPORTS from a specific country of origin, paid by the importer at the point of entry. Whether it's administered at the state or federal level isn't the point - they're not the same thing at all, and the White House language is deliberately misleading.
(I mean, it'll have the effect of increasing prices on equivalent domestic goods as well, because capitalism, but that's also not the point.)
I know and I get it, I’m just trying to make their comparison work (and failing)
I don't believe that you do get it. You took their propaganda, swallowed it and then repeated it.
You get called out, claim you know and just explained it badly. Just to then go and repeat the lie again, and then use the same excuse when you get called out again.
You should really take a step back, and take a good look at the content you consume, because I was where you are now, the right wing grifters that pretend to be centrist or leftist sceptics are not interested in actual debate and discourse. They only want to push their agenda to sell you outrage and give you an easy bad guy to blame, most of the time that's a minority that's different enough from what we call the norm to be othered.
And note this does not mean that conservatives are "evil", they are just the main target for exploitation.
-Kanrabat- wrote:Well, I'm glad to be in Canada now.
Dino-Snarl wrote:-Kanrabat- wrote:Well, I'm glad to be in Canada now.
Indeed, us too. Tariffs were just paused and set to 10% except for China which is 125%, for now. Dow is up 3000 points. It's a rollercoaster.
-Kanrabat- wrote:Dino-Snarl wrote:-Kanrabat- wrote:Well, I'm glad to be in Canada now.
Indeed, us too. Tariffs were just paused and set to 10% except for China which is 125%, for now. Dow is up 3000 points. It's a rollercoaster.
Trump is a negotiator.
A negotiator who negotiate by swinging a steel chair!
Countries are caving left and right. So his BRUTAL tactics seems to work.
Let's see how everything will turn out in the long run.
In the meantime...![]()
BTW, I find it extremely hypocritical when countries like mine, Canada, cry about US tariffs imposed on them, when tariffing everyone else. For ever, whenever I import something that is worth above 100$. The government charge me 15% taxes and an additional 10$ in "administrative fees." And that's bull.
DISCHARGE wrote:It's government manipulation of global stocks and uber corrupt.
-Kanrabat- wrote:
BTW, I find it extremely hypocritical when countries like mine, Canada, cry about US tariffs imposed on them, when tariffing everyone else. For ever, whenever I import something that is worth above 100$. The government charge me 15% taxes and an additional 10$ in "administrative fees." And that's bull.
william-james88 wrote:What Trump is suggesting is that Americans keep being taxed on imports as they already are and also have an additional tariff fee on top of it.
Hi Everyone,
I’m writing to share with you how we are working to handle the rapidly escalating tariff situation. I want to be transparent and honest with you about the impacts of these tariffs. This is a complex situation so I apologize upfront for the length of my note, but I feel it is important to be as clear as possible in this difficult time.
Tariffs – What Just Happened
For 25 years, we have operated as a family-owned business under a 0% tariff rate. Several months ago a 10% tariff was enacted for goods made in China. It was then doubled to 20%. In April a 34% tariff was added to the total, bringing us to 54%. Last night another 50% was added, and today (April 9th) an additional 21% was added, bringing us to 125% total tariffs on Chinese goods. Vietnam was to be subject to a 46% tariff, but it appears that this has been reduced to 10% for the next 90 days. These two countries manufacture 90% of the goods that we sell.
What is the Impact
This unfortunately is going to result in retail price increases on products impacted by the tariffs, including new and open pre-orders. We are working hard to minimize these increases through discussions with our vendors, deploying the most efficient importing processes, and ultimately sharing directly in the financial pain. I’m heartbroken to have to do this, and I hate this tariff situation: it is ridiculous, poorly thought out, poorly implemented, cruel and punishing to everyone involved in affected countries and at every level of our industry.
Who Pays Tariffs
Tariffs are a tax on the US consumer. Foreign governments do NOT pay these tariffs. The US based companies who import these goods are directly responsible for paying the tariffs. And ultimately, the US based consumer pays for them through higher product prices. We are devastated that it has come to this, and we will continue to work hard to minimize the impact to you.
When and How will Prices Change
In the past month we have raised prices in a manner that was inclusive of expected tariffs, while also honoring previously pre-ordered prices. Unfortunately, the dramatic increases in tariff levels has now made this approach impossible.
To minimize confusion during this rapidly changing situation, we will be changing newly affected pre-order product listings to reflect our normal, non-tariff-based price. We will also add a notice indicating that a tariff surcharge will be added at the time of the product’s arrival. We will inform you of the full amount before your payment method is charged. You will also be able to cancel your pre-order at that time if the surcharge amount is something you do not wish to pay. Our customer service team, as always, will be ready to help with any issues that arise from this situation, and we will be very flexible given the circumstances. Today, we expect the surcharge may be between 15% to 40% of the pre-order price, however that could change as the situation continues to unfold. Please note that any items currently In Stock are not subject to the tariff.
We are working as fast as we can to make these changes clear on our site, but it will take us time. We have over 10,000 items listed for pre-order currently, and it is going to take us time to work through how each vendor will respond to their specific tariff situation. Our supply chain is complex and we have hundreds of vendors. The timing of when a particular tariff is applied will depend on a variety of factors including import shipping dates and any new rules set by the government.
Finally
I absolutely hate increasing prices to you, but the tariff situation is beyond our control. If tariffs are reduced or removed, we will reduce or remove the tariff surcharges on orders accordingly. My pledge to you is that we will be fair, and we will share the pain of this. I assure you we are already feeling significant economic and business disruption pain from these tariffs. We will continue to work hard to serve you with the quality and customer service level you expect as we navigate through this difficult time.
I want to thank you deeply for all the trust and loyalty that you have placed in BBTS with your collecting passion. Whether you have recently joined our family or have been with us for years, we truly value our relationship with you and will do our best to continue to earn your trust every day.
Sincerely,
Joel Boblit
Founder and President
-Kanrabat- wrote:Trump is a negotiator.
A negotiator who negotiate by swinging a steel chair!
Countries are caving left and right. So his BRUTAL tactics seems to work.
Let's see how everything will turn out in the long run.
In the meantime...
Dino-Snarl wrote:Tariffs were just paused and set to 10% except for China which is 125%, for now. Dow is up 3000 points. It's a rollercoaster.
Psychout wrote:Im not scared of a gender confused minibot!
Dino-Snarl wrote:
DISCHARGE wrote:I am seeing this will impact more than just collectors![]()
Thankfully my daughter is grown and just wants tattoo money
https://people.com/toy-company-ceo-says-many-toys-twice-as-expensive-by-christmas-china-tariffs-11712856
-Kanrabat- wrote:
SOURCE.
I love The Babylon Bee. One of the rare satire site that won't hesitate to take the piss out of everyone.
-Kanrabat- wrote:Obviously, no president can have all the power.
-Kanrabat- wrote:Obviously, no president can have all the power.
william-james88 wrote:No joke, he is going at this the worst way possible for the American people. From all the evidence shown with the latest policies, he does not seem to have them at heart at all.
-Kanrabat- wrote:william-james88 wrote:No joke, he is going at this the worst way possible for the American people. From all the evidence shown with the latest policies, he does not seem to have them at heart at all.
Like I said before, he dumped the baby along the bathwater.
Before doing those crazy tariffs, he should have cut the corporation AND the worker's taxes by half (or close to that) for any production made in the USA. Also, cut some pointless rules that hinder the creation of enterprises.
Only after those things would have been solidly implemented that you trickle down some Tariffs, % by %, seasons after seasons.
Honey from the start, not vinegar.
But eh, that would be too logical.
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