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Will consumers benefit from it? Can Japanese order from amazon.de without customs charges and vice versa?
by Tohsh7po 8y ago
Will consumers benefit from it? Can Japanese order from amazon.de without customs charges and vice versa?
- Tepix 8y agoamazon.com is US based. This free trade zone is between the EU and Japan.
- pastor_elm 8y agoWhat would the Japanese need from the EU besides Airbus planes. Looks like a one-way street to me.
- seren 8y agoNot sure if you read the original article, but the exchange between Europe and Japan seems fairly balanced. > EU businesses export €58 billion in goods and €28 billion in services to Japan every year. (snip) Japan exports €69 billion in goods and €18 billion in services to the EU annually.
- Tomte 8y agoFood. The EU is an agricultural juggernaut, and Japan has very dense megacities with mountain ranges in between. Not the best situation for self-sufficiency. Fortunately, they make highly sought-after electronic products and cars, which can be exchanged for food.
- kalleboo 8y agoUntil now the Japanese agricultural lobby has also been very strong and kept prices of stuff like rice and dairy products (butter, cheese etc) artificially high. This appears to break that.
- petre 8y agoCoal, petroleum, machinery, wine, cheese, bottled water.
- gardaani 8y agoCurrently I can order cheap products (less than 20€) from China without customs fees or VAT. The shipping cost is around 1€. It means that it is cheaper to buy from China than from my local store. Unfortunately, that is about to change soon (customs fees for all products from China). Having something like that between EU and Japan would definitely boost the trade. Edit: I just checked and the same no customs fees rule applies already to Japan. I wonder if it is going to change at the same time as Chinese products get the customs fees.
- 21 8y agoThe shipping only costs 1€ because China is abusing the international post system - the shipment cost is subsidized from your own taxes. https://www.scmp.com/news/china/diplomacy/article/2169144/chinas-cheap-shipping-advantage-explained https://www.scmp.com/news/china/diplomacy/article/2169144/ch...
- FabHK 8y agoYeah. What I found particularly galling is that often it's cheaper to send something from Shenzhen to Europe (from aliexpress, say) than the 50 km over to Hong Kong. Arghh.
- stefanfisk 8y agowhich country do you reside in?
- gardaani 8y agoFinland - here's the calculator for customs duties and VAT: https://tulli.fi/en/customs-duty-calculator https://tulli.fi/en/customs-duty-calculator
- stefanfisk 8y agomy god this annoys me, here in Sweden you pay $10 just for post office mishandling your package, with VAT and duty on top of the fee. and sooo many people pay it all and then never receive their package because the post office send it back the sender for no clear reason whatsoever
- matt4077 8y agoConsumers will definitely profit from it. Even if you buy European products from a local Japanese retailer, you are currently paying tariffs. 97% of those will now disappear. If ordering from Amazon.de becomes more convenient is hard to say. I would assume shipping would still be expensive. There are also certain feature of a “common market” that a FTA does not provide, such as the right for consumers to sue companies in their local court, and free returns, etc.
- angott 8y agoThe treaty abolishes tariffs. You would still have to pay VAT to customs.