Always keep in mind that one million times zero equals zero.
- Manlobbi
Personal Finance Topics / Macroeconomic Trends and Risks❤
No. of Recommendations: 1
This was posted on the US policy board but should be read by those who don't go there because of its macro economic implications.
Due to Trump's change in the “de minimis,” rules on goods coming into the US shippers are stopping shipments until Customs can clarify who is paying the duties. What a mess!
https://www.nbcnews.com/world/europe/global-mail-c...
No. of Recommendations: 0
Curious - pre-Trump I purchased a camera though eBay for over $800.
It shipped from Canada so there was some import tax due.
I had a to write the UPS driver a check for the taxed amount plus
a very healthy "processing fee" that they tacked on.
Only then would the driver hand over my package.
Seems to me that there is already a process in place.
No. of Recommendations: 2
That may be what other companies do eventually. It won't take many bounced checks before the shipping companies rethink that practice. I doubt that they will accept cash since that would make their drivers a bigger target for theft. I could see you getting a phone call or email telling you to logon to a website to pay by credit card before the delivery happens.
No. of Recommendations: 1
Seems to me that there is already a process in place.
For stuff on eBay going from the US to elsewhere, the things on offer from the US, appear on foreign eBay sites with tariffs and international shipping already added in to the price. I ship to an eBay crossdock in the US. eBay handles all the international shipping, tariffs, and export documentation. I have wondered what the guy in France actually paid for my bundle of US market Renault brochures.
I would not be surprised if eBay already has a system in place in other countries, for shipment to the US. If they do, then the process will be a snap for their buyers and sellers, but expensive.
The parties that will be hurt are the companies and people who try to buy and sell internationally, on their own.
Steve
No. of Recommendations: 0
I think the EU has long had a process in place.
15 years ago I would eBay/ship overseas and the buyers, in many cases, knew that they would have to go down to customs to pay the tax.
No. of Recommendations: 0
15 years ago I would eBay/ship overseas and the buyers, in many cases, knew that they would have to go down to customs to pay the tax.
That would be an impediment to a lot of people.
As best I could tell from the tracking information on the piece I sent to France: the mailing address I was given was the eBay crossdock in, iirc, Kentucky, with a reference number. Based on that reference number, eBay apparently put the piece in a container going to their crossdock in France, where a mailing label with the purchaser's address was added, and the piece then entered the French mail system. I should have asked the guy who bought it, to post a screen capture of how my listing looked, in France.
Steve
No. of Recommendations: 0
As best I could tell from the tracking information on the piece I sent to France: the mailing address I was given was the eBay crossdock in, iirc, Kentucky, with a reference number
That's all foreign to me. I just mailed directly to the buyer, usually in a USPS international flate-rate box.
No. of Recommendations: 0
That's all foreign to me. I just mailed directly to the buyer, usually in a USPS international flate-rate box. I don't recall exactly which year eBay rolled out the program. I know, beside the package to France, I shipped a turntable cartridge to Hong Kong of Shanghai (forget which), and I think I sent something to Turkey. All I had to do was ship to the US crossdock.
Benefits of eBay International Shipping
As well as making your items available to buyers in almost 200 countries, there are several other benefits to using eBay International Shipping:
When you ship internationally using eBay International Shipping, you're responsible for sending the item your buyer purchased safely to the US shipping hub. If a buyer reports that an item was lost or damaged during international shipping or it is damaged at the hub, we'll work with the buyer to resolve the issue. You're protected from:
The obligation to refund the buyer
eBay Money Back Guarantee cases
Payment disputes
Open 'Not as described' returns in your service metrics
Negative or neutral feedback related to item handling during international shipping
Save on selling fees for your international transactions, including no international fee
All international returns, refunds, and customs clearance will be handled on your behalf
If you schedule Time Away, the estimated delivery date will be updated to reflect this
You'll be protected against item not received claims and chargebacks once your item is accepted at the domestic hubhttps://www.ebay.com/help/selling/shipping-items/s...Steve
No. of Recommendations: 1
When you ship something which is not deminimus, there is a customs broker involved who takes the item from the shipper, files the paperwork and, on the otheer side of custome, gives it back to the shipper. If the item is being paid by a letter of credit confirmed at a local bank, additional documentation is required coresponding to the FOOB point where title passes.
Someone has to pay the bill at the receiving end. In the case of UPS/DHL/FedEx, it's the recipient, in the case of a common carrier, you end up going to the airport to get it. Ebay is simplifying it for the shipper (and, I guess the recipient) for a fee. The cutting to the deminimus shipping thing makes things far more complicateed if you by overseas and have it shipped to you.
Jeff