Anyone Notice Stiff Tariff Increases On Goods?

MEXICOWANDERER wrote:
Not interested in nationalism, politics or other theater...

Solar panels or anything else? How about stuff from Taiwan. I don't see why their stuff would jump but then who knows...

I will try to answer your question and I'm Not sure why you would be asking. My first thought is you are "TROLLING". But I'm going to try and give you a fair answer. Okay. Each Country sets there own trade LAWS. Example: Let's say you are in America and a Clothing maker. To have workers here make your products would be costly to you as you have to pay a fair wage to all of your employees. So you lobby Congress to set high duty rates on imported goods as another country making lower wages could undercut your market line.

So any clothing imported is at a HIGH RATE of duty about 48% and its all broken down as to what is in the garment. Cotton, Silk, rayon and so on.

Little History U.S. Customs, which was once part of U.S.Treasury paid down the US debt two times in our History. Now Called Customs Border Protection.

Back to your question. The USA has written agreements with other countries that import goods into the USA, like NAFTA, GPS is included in parts of Harmonized Tariff Schedule on selected items. As to why Taiwan, some of there goods would jump in rates of duty when imported into the USA. If the country wants more money on a popular good/item/product that would be imported because the USA wants that product and will pay more to get that Item.

Each country in the world has its own wealth of certain products. That other countries like the USA want and will pay to get.

Do you understand or do you have another question about a Product?

As I do not know your age or understanding what I'm saying here, is an overview of how an imported good works. Let's say you are an importer and but your product has to be made in Taiwan for your cost savings. As an importer, you work with a local Customs Broker. You will supply them with an invoice and information about the goods being imported. They in-turn will put together an "Entry" They the Broker are bonded and regulated by CBP. The entry can be a box or a very large 40'-foot container, which you will see trucks pulling down USA highways to your Wearhouse door. The goods once the duty is paid, inspected and unloaded all at your cost. At this point, you place the items into your store(s) all across the USA.

The TAX/revenue is set by the releasing county which you also pay in hopes of making money in the USA when sold.

Now there are ways companies keep the cost down, using a Foreign-Trade Zone. Truly you have no idea how hard this is keeping this simple.

Any more questions?