New 10% tariffs on goods from China

[Peptoidian]

So apparently as of today there is a new 10% tariff on all goods from China. Anyone know how this is going to work for peptide purchases? I expect it will increase costs but how does the tariff actually get paid? At what part of the purchase/shipping/import/customs/delivery process does this happen?

 

[beefsteak]

Your custom agent will send you an itemized invoice

 

[Peptoidian]

I just did a bunch of reading on this and think I can answer my own question. The tariff is paid by at customs by whoever imports the product. Given my understanding of how peptides are shipped it's likely the freight forwarder/special line that handles this. So all we will see is slightly higher prices.

 

[GimmeABreak]

I just did a bunch of reading on this and think I can answer my own question. The tariff is paid by at customs by whoever imports the product. Given my understanding of how peptides are shipped it's likely the freight forwarder/special line that handles this. So all we will see is slightly higher prices.

Maybe slightly, or maybe vendors will use this a justification to increase pricing. They will pay 10% on the declared value, there is no telling what that value is for the skin products they are importing. Could be a value of $10 per kit, which would increase the cost by $1.

 

[ktg123]

Hopefully customs will see confiscation as decreasing revenue so they'll expedite the process. Maybe that's wishful thinking.

 

[AndyPanda]

It really should not have any impact on prices. It’s not like vendors of these items were EVER being taxed or paying a tariffs up til now.

 

[Kstarks]

It really should not have any impact on prices. It’s not like vendors of these items were EVER being taxed or paying a tariffs up til now.

I disagree. The issue is the de minimis change. Most of what is sent is sent using this rule that means it comes in tax free. Thats changing

“The tariffs will have no exemptions, and the executive action Trump signed Saturday will close the so-called de minimis loophole that had allowed shipments of $800 or less to come into the United States tax-free — a key provision used by many American small businesses but also Chinese companies such as Shein and Temu. Trump administration officials said the loophole prevented customs officials from properly inspecting those packages.”

https://www.cnn.com/2025/02/01/politics/mexico-canada-china-tariffs-trump/index.html

 

[AndyPanda]

I disagree. The issue is the de minimis change. Most of what is sent is sent using this rule that means it comes in tax free. Thats changing

“The tariffs will have no exemptions, and the executive action Trump signed Saturday will close the so-called de minimis loophole that had allowed shipments of $800 or less to come into the United States tax-free — a key provision used by many American small businesses but also Chinese companies such as Shein and Temu. Trump administration officials said the loophole prevented customs officials from properly inspecting those packages.”

https://www.cnn.com/2025/02/01/politics/mexico-canada-china-tariffs-trump/index.html

We will know soon enough.

 

[keangkong]

I disagree. The issue is the de minimis change. Most of what is sent is sent using this rule that means it comes in tax free. Thats changing

“The tariffs will have no exemptions, and the executive action Trump signed Saturday will close the so-called de minimis loophole that had allowed shipments of $800 or less to come into the United States tax-free — a key provision used by many American small businesses but also Chinese companies such as Shein and Temu. Trump administration officials said the loophole prevented customs officials from properly inspecting those packages.”

https://www.cnn.com/2025/02/01/politics/mexico-canada-china-tariffs-trump/index.html

I hit a pay wall saying I read too many CNN articles for free.

 

[keangkong]

I disagree. The issue is the de minimis change. Most of what is sent is sent using this rule that means it comes in tax free. Thats changing

“The tariffs will have no exemptions, and the executive action Trump signed Saturday will close the so-called de minimis loophole that had allowed shipments of $800 or less to come into the United States tax-free — a key provision used by many American small businesses but also Chinese companies such as Shein and Temu. Trump administration officials said the loophole prevented customs officials from properly inspecting those packages.”

https://www.cnn.com/2025/02/01/politics/mexico-canada-china-tariffs-trump/index.html

The only executive order I saw posted on the White House site concerned Canada. White House officials told the Washington Post that Trump signed two other executive orders. It's hard to say without reading the orders what they mean.