3 ms·
It doesn't affect a lot of US consumers, but it will affect a lot of US retailers. Let's say after 2019-01-01 I want to purchase a $500 gadget that's being hit
by desdiv 8y ago
It doesn't affect a lot of US consumers, but it will affect a lot of US retailers.
Let's say after 2019-01-01 I want to purchase a $500 gadget that's being hit with the 25% tariff. I can either:
1. Buy it from Amazon or a local retailer and pay $500 x 1.25 x 1.085 (state and local sales tax) = $678
2. Buy it online from AliExpress/BangGood and pay $500 + shipping
- zavi 8y agoWhy would you not pay an extra 25% when buying from AliExpress?
- andy_ppp 8y agoThe grand parent says individuals can import a thing up to $800 before tax.
- yaakov34 8y agoBecause it's below the $800 minimum on which import duty is required for a parcel imported by a single person on a single day. So Amazon would have to pay the duty on whatever they import, and you wouldn't. It does become a loophole if the duty is much higher than the price of shipping.