I get that it is a shame for you personally. Despite this I think high processing fees are good. First of all, it addresses the issue of people in the EU importing things we really do not need. Secondly, if it is something you really want then it can be imported at a noticible (but managable) premium. If the set of die are special, then paying 3 (or even 10) euro extra would, in my opinion, be fine
Then why does it not apply to large companies? (if you can maintain stock inside the EU, and due to shipping charges you need like 7 locations, you can avoid to pay most of these fees, so they do not apply to Apple for example)
These fees were sucessfully lobbied in the media as a "Temu tax", and even reputable state broadcasters continue to refer to it as a "junk fee". However, it applies indiscriminately to everything from a decades old vintage book purchased from the UK, or spare parts to restore electronics ordered from Japan.
The de minimis system was in theory to allow developing countries to be able to take advantage of their very low labor costs and also to save the receiving country the inspection costs. Mostly countries ("third world") have time limited agreements.
Tariffs were about originally about protection of local manufacturing. But both these changed with the politics and greed. China has cheap labor costs but superb management of manufacturing. Politics are now simple. China has 3 times as many consumers as the US.
China refuses to float its currency, so the major currencies can't effectively export their inflation to them like they do with other trading partners by manipulating their interest rates.
The US dollar is the defacto world currency but that means countries must have reserves of US dollars. Those reserves are not piles of US bank notes they are stocks, bonds real estate in the US. These foreign reserves mean influence in the economy.
The current round of tariff wars are all about long term debt and attempting to reduce the long term bond rate. But countries wont wear that because their reserves are partly in bonds. So retaliation in the form of "custom fees" occur.
More than likely, the EU fees and charges are aimed at China. Already China leads the world in production in many important areas (nuclear reactors, batteries, electric vehicles, solar panels). Countries can see China becoming (if not already) the worlds biggest economy with the political power that comes with it.
Sadly, its the small manufactures & businesses that suffer the most, but thats democracy and capitalist system in action
This is not a tariff issue, unbelievably, but one about reducing competition.
I’m not sure I’m following the argument here, because tariffs are all about protectionism, which is a form of reducing external competition
Fwiw, non us businesses have the same problem trying to ship to the us. It’s how governments want to roll now and how they generate counter actions.
I get that it is a shame for you personally. Despite this I think high processing fees are good. First of all, it addresses the issue of people in the EU importing things we really do not need. Secondly, if it is something you really want then it can be imported at a noticible (but managable) premium. If the set of die are special, then paying 3 (or even 10) euro extra would, in my opinion, be fine
Then why does it not apply to large companies? (if you can maintain stock inside the EU, and due to shipping charges you need like 7 locations, you can avoid to pay most of these fees, so they do not apply to Apple for example)
These fees were sucessfully lobbied in the media as a "Temu tax", and even reputable state broadcasters continue to refer to it as a "junk fee". However, it applies indiscriminately to everything from a decades old vintage book purchased from the UK, or spare parts to restore electronics ordered from Japan.
Didn't the US also end de minimis exceptions recently? Can we really expect other countries and economic zones to keep them if we don't?
The de minimis system was in theory to allow developing countries to be able to take advantage of their very low labor costs and also to save the receiving country the inspection costs. Mostly countries ("third world") have time limited agreements. Tariffs were about originally about protection of local manufacturing. But both these changed with the politics and greed. China has cheap labor costs but superb management of manufacturing. Politics are now simple. China has 3 times as many consumers as the US. China refuses to float its currency, so the major currencies can't effectively export their inflation to them like they do with other trading partners by manipulating their interest rates. The US dollar is the defacto world currency but that means countries must have reserves of US dollars. Those reserves are not piles of US bank notes they are stocks, bonds real estate in the US. These foreign reserves mean influence in the economy. The current round of tariff wars are all about long term debt and attempting to reduce the long term bond rate. But countries wont wear that because their reserves are partly in bonds. So retaliation in the form of "custom fees" occur. More than likely, the EU fees and charges are aimed at China. Already China leads the world in production in many important areas (nuclear reactors, batteries, electric vehicles, solar panels). Countries can see China becoming (if not already) the worlds biggest economy with the political power that comes with it. Sadly, its the small manufactures & businesses that suffer the most, but thats democracy and capitalist system in action