Mayner Posted Tuesday at 20:40 Posted Tuesday at 20:40 3 hours ago, Warbonnet said: Correct. What this whole experience has taught me is just how much Americans do not understand tariffs and how they work. It's nothing to do with companies, it's basically a tax imposed by Governments. Bread and Circuses basically Trump has sold the tariffs to the American people as something the Chinese exporters rather than the American consumer will pay. It may all work out in the end with the tariffs used to fund Federal tax cuts so American will be better off in the end. Interestingly the 30% tariff for the next 90 days anyway is not a lot higher that the 23% vat Irish purchasers pay on IRM models perhaps the Irish revenue introduce a 7% duty on toy trains to 'even things up' with our American friends. I found out to my cost about 1o years ago that New Zealand charges a 5% duty on toy trains when I imported a loco from the States. Quote
BosKonay Posted Tuesday at 20:41 Posted Tuesday at 20:41 There is no duty on models globally unless NZ are a bit ‘independent Quote
Mayner Posted Tuesday at 21:26 Posted Tuesday at 21:26 (edited) 45 minutes ago, BosKonay said: There is no duty on models globally unless NZ are a bit ‘independent They say there is an exception to every rule, NZ very much does its own-thing. While New Zealand a staunch supporter of Free Trade particularly unrestricted duty free access for our food and timber exports to Europe and US, NZ imposes a 5% import duty on toys including model trains not that we have an indegenous toy manufacturingindustry to protect. Apparently customs only levy duty on imports above $1000nz in value, I got hit a number of times when I imported high value large scale locos from the States which were bascially unobtainable on the local market. Edited Tuesday at 21:46 by Mayner Quote
Horsetan Posted Tuesday at 23:57 Posted Tuesday at 23:57 5 hours ago, commerlad said: The Mango "King" hopes they don't work it out I don't think he fully understands it either but, equally, he doesn't really care since it won't affect him personally - his finances (dubious at the best of times) are mostly insulated unlike most of his supporting clientèle. Quote
James Regan Posted Wednesday at 01:14 Posted Wednesday at 01:14 8 hours ago, Warbonnet said: What this whole experience has taught me is just how much Americans do not understand tariffs and how they work Of course the stupid American archetype is your go to which says more about you and the peanut gallery than anything about Americans… so let me spell it out for you in simple terms… Your product is now 30% more expensive to sell to the US… we Americans can do math see, so a $300 locomotive is now $390. If your answer to that is tough, we will continue to offer the product at that price, with no adjustment for the US market thats your prerogative. Just know that attitude may have consequences. 4 hours ago, Mayner said: Bread and Circuses basically Trump has sold the tariffs to the American people as something the Chinese exporters rather than the American consumer will pay. Actually most tariffs are imposed at the wholesale price so it wont be a 30% impact at retail. Also there will be price adjustments along the whole supply chain, so yes the Chinese exporters will pay some of it. 1 Quote
James Regan Posted Wednesday at 01:46 Posted Wednesday at 01:46 12 hours ago, BRBlue said: I do not think you understand how tarriffs work Im pretty sure you don't understand how markets work. If IRM tries to sell at the same price into the US, their models are now 30% more expensive to the consumer. The consumer couldn't care less whether you call, those charges VAT or tariffs or any other tax. Oh and its Europeans who havent figured out they been robbed by massive VAT taxes for years. You also clearly dont understand that the US has a deminimis exemption of $800 for shipments from most countries. My question for the IRM guys is whether they have given any thought as to whether that may be available for their products. It doesnt apply obviously to their shipment in bulk into Europe. It would apply to their shipment of individual models to the US. Its not entirely clear given the Chinese origin of the product whether the shipment from the UK would break the chain and thus the deminimis exemption would be available. 1 Quote
James Regan Posted Wednesday at 01:52 Posted Wednesday at 01:52 4 hours ago, Mayner said: Apparently customs only levy duty on imports above $1000nz in value In the US its over $800 in value and depends on the product category - the duty product codes are in a volume an inch thick. I think in Europe they get almost no exemption on import duties since 2022. They also get hit with the 20+% VAT on imports. Its brutal. Quote
commerlad Posted Wednesday at 05:00 Posted Wednesday at 05:00 (edited) 3 hours ago, James Regan said: Of course the stupid American archetype is your go to which says more about you and the peanut gallery than anything about Americans… so let me spell it out for you in simple terms… Your product is now 30% more expensive to sell to the US… we Americans can do math see, so a $300 locomotive is now $390. If your answer to that is tough, we will continue to offer the product at that price, with no adjustment for the US market thats your prerogative. Just know that attitude may have consequences. Actually most tariffs are imposed at the wholesale price so it wont be a 30% impact at retail. Also there will be price adjustments along the whole supply chain, so yes the Chinese exporters will pay some of it. It is not that the product is 30% more expensive. The product price is the product price. Americans are paying 30% more because of the Tarrif imposed by Trump and this is collected by the US Why blame (and expect the manufacturer to suffer) for something that is done by Trump. Edited Wednesday at 05:03 by commerlad 3 Quote
commerlad Posted Wednesday at 07:00 Posted Wednesday at 07:00 (edited) 10 hours ago, James Regan said: Im pretty sure you don't understand how markets work. If IRM tries to sell at the same price into the US, their models are now 30% more expensive to the consumer. The consumer couldn't care less whether you call, those charges VAT or tariffs or any other tax. Oh and its Europeans who havent figured out they been robbed by massive VAT taxes for years. You also clearly dont understand that the US has a deminimis exemption of $800 for shipments from most countries. My question for the IRM guys is whether they have given any thought as to whether that may be available for their products. It doesnt apply obviously to their shipment in bulk into Europe. It would apply to their shipment of individual models to the US. Its not entirely clear given the Chinese origin of the product whether the shipment from the UK would break the chain and thus the deminimis exemption would be available. We Europeans have known for years what VAT is, Yes we pay it on just about everything when we buy something. IT is the equivalent of the Sales Tax in the US but is levied by central government not individual States, Counties, Departements or whatever else the country concerned calls its smaller administrative sections. Oh and by the way we also have a minimum value upon which VAT is claimed on an imported package. Your last part does not make sense, If a bulk order goes to Europe it therefore has nothing to do with the US and no US Tarrif is therefore involved. If it is then sent on to the US then it does come under US Tarrif rules and if there is a Diminimis then that would apply if the value of the package once it arrives in the US is under that. Going through another Country and or being increased or decreased in size along the way is totally irrelevant as IT IS ONLY WHEN IT REACHES THE US THAT THE TARRIF APPLIES. Edited Wednesday at 12:07 by commerlad 2 1 Quote
commerlad Posted Wednesday at 07:18 Posted Wednesday at 07:18 5 hours ago, James Regan said: In the US its over $800 in value and depends on the product category - the duty product codes are in a volume an inch thick. I think in Europe they get almost no exemption on import duties since 2022. They also get hit with the 20+% VAT on imports. Its brutal. The only Import duty is the VAT other than for such as Tobacco and Alcohol (Hence Duty Free lounge at Airports for certain amounts eg= The Diminimis value) )and Fuels (Usually only imported by large multinationals as somehow a carry on Jerry Can is not a good idea and it is a banned substance on the postal service. ) which have extra excise duties And yes even when buying smaller amounts from a retailer (eg Petrol at a forecourt) we have to pay Vat on the Total (Product Cost + Excise Duty) + VAT = Total Price 6 hours ago, James Regan said: Actually most tariffs are imposed at the wholesale price so it wont be a 30% impact at retail. Also there will be price adjustments along the whole supply chain, so yes the Chinese exporters will pay some of it. There may or may not be adjustments of product price along the line but a Tariff cost is not paid by anyone until it gets to the US so the Chinese supplier may charge less but they will not at any point pay a Tariff. 1 Quote
BosKonay Posted Wednesday at 07:19 Posted Wednesday at 07:19 7 hours ago, James Regan said: Im pretty sure you don't understand how markets work. If IRM tries to sell at the same price into the US, their models are now 30% more expensive to the consumer. The consumer couldn't care less whether you call, those charges VAT or tariffs or any other tax. Oh and its Europeans who havent figured out they been robbed by massive VAT taxes for years. You also clearly dont understand that the US has a deminimis exemption of $800 for shipments from most countries. My question for the IRM guys is whether they have given any thought as to whether that may be available for their products. It doesnt apply obviously to their shipment in bulk into Europe. It would apply to their shipment of individual models to the US. Its not entirely clear given the Chinese origin of the product whether the shipment from the UK would break the chain and thus the deminimis exemption would be available. Actually part of the entire war is that the deminimis was removed. So tariffs and duty will be levied on the entire shipment value. Re New Zealand models are not toys but a dedicated category of their own and should not have duty charged (this is of course separate to tariffs) Accurate labeling is key here but some carriers at national level do ignore such things. 2 hours ago, commerlad said: The only Import duty is the VAT other than for such as Tobacco and Alcohol (Hence Duty Free lounge at Airports for certain amounts eg= The Diminimis value) )and Fuels (Usually only imported by large multinationals as somehow a carry on Jerry Can is not a good idea and it is a banned substance on the postal service. ) which have extra excise duties And yes even when buying smaller amounts from a retailer (eg Petrol at a forecourt) we have to pay Vat on the Total (Product Cost + Excise Duty) + VAT = Total Price There may or may not be adjustments of product price along the line but a Tariff cost is not paid by anyone until it gets to the US so the Chinese supplier may charge less but they will not at any point pay a Tariff. The important point here is that no one in China cares and no one outside the Us cares as it doesn’t effect them in any way at all. Unless your business is entirely based on exporting to the USA (or importing from China to the USA) (like all the US outline manufacturers for example) then tariffs don’t change anything. Quote
DJ Dangerous Posted Wednesday at 08:30 Posted Wednesday at 08:30 Easy there, @James Regan, nobody is attacking you personally, and there's no need to start insulting people who think differently to you. The new tariffs, to simplify things for the sake of discussion, are an import tax, collected by the American authorities at point of import. Manufacturers and exporters have no part to play. Importers (ie online buyers such as yourself) and American retailers are the ones who pay the tax to the American government. American retailers then have to choose, do they themselves absorb the increased costs, do they pass the increased costs on to their American consumer, do they try to negotiate a better sale price with the exporter that they are buting from, or some combination thereof. American-based individuals importing / buying online also face choices, do they buy less, do they pay more, do they ship to an EU address instead, then collect their purchases in a suitcase, that kind of thing. There MAY be some limited cases where hsome HUGE Chinese companies decide to take a small hit, and reduce their export price slightly. This would mean that the new taxes charged by the American government have slightly less impact on the American voter. But, this would be a small number of cases, in companies big enough to absorb the costs themselves, by restructruring workforces or supply chains involving thousands of employees, and would not entirely mitigate the new taxes charged by the American authorities. That scenario is the opposite end of the scale to A/S / IRM, with ten employees or whatever it is, all UK and Irish based. A/S / IRM would be better off doing nothing than selling at a loss to a handful of customers. It's not about a bad attitude, it's about their being no sense in bowing to the whims of an unreliable government, where the rules and taxes are likely to bounce up and down, and their American market is very small. Nothing to do with Republican or Democrat, nothing like that, just common sense. Hope this helps you understand a bit better. 5 Quote
BosKonay Posted Wednesday at 09:47 Posted Wednesday at 09:47 12 hours ago, Mayner said: They say there is an exception to every rule, NZ very much does its own-thing. While New Zealand a staunch supporter of Free Trade particularly unrestricted duty free access for our food and timber exports to Europe and US, NZ imposes a 5% import duty on toys including model trains not that we have an indegenous toy manufacturingindustry to protect. Apparently customs only levy duty on imports above $1000nz in value, I got hit a number of times when I imported high value large scale locos from the States which were bascially unobtainable on the local market. Here is the EU entry for the category Commodity information for 9503003000 This tariff is for 2 March 2019 Change date Check the chapter notes to make sure this code is suitable for your product. Get guidance on this product area: Electric lamps, Toys, games and sports equipment Discuss this chapter in the forums All sections Section XX: Miscellaneous manufactured articles 95 Toys, games and sports requisites; parts and accessories thereof 03 Tricycles, scooters, pedal cars and similar wheeled toys; dolls' carriages; dolls; other toys; reduced-size ('scale') models and similar recreational models, working or not; puzzles of all kinds Electric trains, including tracks, signals and other accessories therefor; reduced-size (scale) model assembly kits https://www.trade-tariff.service.gov.uk/trade-tariff/commodities/9503003000?currency=EUR&day=2&month=3&year=2019 Quote
Warbonnet Posted Wednesday at 10:35 Posted Wednesday at 10:35 9 hours ago, James Regan said: Of course the stupid American archetype is your go to which says more about you and the peanut gallery than anything about Americans… so let me spell it out for you in simple terms… Your product is now 30% more expensive to sell to the US… we Americans can do math see, so a $300 locomotive is now $390. If your answer to that is tough, we will continue to offer the product at that price, with no adjustment for the US market thats your prerogative. Just know that attitude may have consequences. Actually most tariffs are imposed at the wholesale price so it wont be a 30% impact at retail. Also there will be price adjustments along the whole supply chain, so yes the Chinese exporters will pay some of it. Well that's most disrespectful. Where did I call Americans stupid? I merely pointed out that they had little understanding of tariffs, which I found surprising. That doesn't make them stupid, just that they were ill informed or perhaps misled by their leaders. Please do not make assumptions based on your own outlook. I have spent a lot of time in America and admire a great many of American achievements and culture. Enough of your gaslighting please. The Chinese exporters will pay none of it, unless it's to the same Chinese company importing it at the other end. It will then be passed onto the end consumer pays it and it goes into the exchequer. If I sell you a locomotive tomorrow from here and you live in the US, the 23% VAT will be removed from your purchase price (as it always has been) and the 30% of tariff imposed by your government will be added, along with whatever other charges. It's as simple as that. We have no control over it. Still, 30% is better than what it was, thanks to the climb down in recent days. 7 4 Quote
Mayner Posted Wednesday at 10:59 Posted Wednesday at 10:59 (edited) 5 hours ago, BosKonay said: Re New Zealand models are not toys but a dedicated category of their own and should not have duty charged (this is of course separate to tariffs. The EU 9503003000 TARIC & UK 9503.10.10 commodity code for "Reduced (scale)models, electric model railways" commodity codes do not appear in the New Zealand Customs schedule. effective 1st July 2024 https://www.customs.govt.nz/globalassets/documents/tariff-documents/wtd-2024/section-xx-july-2024.pdf The NZ schedule has grouped model railways into the 9503.00.09 tariff category which includes both toys and scale models subject to a 5% tariff 23C . . . . . Electric trains, including tracks, signals and other accessories therefor 55A . . . . . . Model railways and accessories, other than those of Tariff item 9503.00.09 23C While New Zealand has adapted the World Customs Organisation's HS Codes (6digit) different countries and trading blocks appear to have expanded beyond a 6 digit HS code to meet their own specific requirements. As an independent country NZ has applied duty to both toys and models in a 9503.00.09 category which are generally 0 rated in other countries. Its possible that the 5% duty on toys and models in the 950300.09 category is a hangover from the days the NZ Government protected local industry with import tariffs, apparrently at one stage Tri-ang New Zealand factory which assembled toys and models for the local market, apparrently including an NZ version of the "Transcontinental' train set. Edited Wednesday at 12:59 by Mayner 2 Quote
Broithe Posted Wednesday at 11:08 Posted Wednesday at 11:08 The product remains the same price, the extra payment required for the privilege of purchasing a product from outside the country is a penalty imposed on the purchaser by their own elected government. Few suppliers are going to drop their income sufficiently to subsidise a foreign customer to shield them from their own government's tax rises. 2 3 Quote
Horsetan Posted Wednesday at 12:58 Posted Wednesday at 12:58 4 hours ago, DJ Dangerous said: Easy there, @James Regan, nobody is attacking you personally, and there's no need to start insulting people who think differently to you..... Unfortunately antisocial media means that almost everyone does. *shrugs* 3 1 Quote
DJ Dangerous Posted Wednesday at 15:09 Posted Wednesday at 15:09 On the topic of the current tariff war, the tariffs were sold to the American people as retalliatory. That was untrue. Many countries throughout the world, including America, have mild forms of protectionism, and there's a general status quo, 5% here and 10% there etc. The new American tariffs are a first strike against anybody who treats America on a level playing field, rather than kissing up to them. The formula that the American governement used to derive these tariffs was not related to current tariffs, but to trade deficits and trade surpluses, goods only, excluding services, hence they ended up with the embarrassing situation of taxing islands inhabited solely by penguins. They also chose to exclude services, and only use goods, to create this flawed formula. If they have a trade deficit in goods and a trade surplus in services which cancels out the former, then there is a net zero surplus / deficit. Excuse my spelling, but there's sand in my keyboard that I can't quite clear out! 3 1 Quote
skinner75 Posted Wednesday at 15:17 Posted Wednesday at 15:17 (edited) Trump said he was going to impose mad tariffs, and the fools still voted for him... That being said, they were probably more focused on all the racist policies he promised Edited Wednesday at 15:18 by skinner75 3 Quote
BRBlue Posted Wednesday at 16:03 Posted Wednesday at 16:03 14 hours ago, James Regan said: Of course the stupid American archetype is your go to which says more about you and the peanut gallery than anything about Americans… so let me spell it out for you in simple terms… Your product is now 30% more expensive to sell to the US… we Americans can do math see, so a $300 locomotive is now $390. If your answer to that is tough, we will continue to offer the product at that price, with no adjustment for the US market thats your prerogative. Just know that attitude may have consequences. Actually most tariffs are imposed at the wholesale price so it wont be a 30% impact at retail. Also there will be price adjustments along the whole supply chain, so yes the Chinese exporters will pay some of it. You should be a comedian Quote
Horsetan Posted Wednesday at 18:25 Posted Wednesday at 18:25 2 hours ago, Broithe said: The arse of the deal.... FTFY 1 3 Quote
derek Posted yesterday at 18:46 Posted yesterday at 18:46 this is some craic! Better than the eurovision anyway 1 3 Quote
jhb171achill Posted yesterday at 18:53 Posted yesterday at 18:53 7 minutes ago, derek said: this is some craic! Better than the eurovision anyway As is watching paint dry! On 14/5/2025 at 11:35 AM, Warbonnet said: Well that's most disrespectful. Where did I call Americans stupid? I merely pointed out that they had little understanding of tariffs, which I found surprising. That doesn't make them stupid, just that they were ill informed or perhaps misled by their leaders. Please do not make assumptions based on your own outlook. I have spent a lot of time in America and admire a great many of American achievements and culture. Enough of your gaslighting please. The Chinese exporters will pay none of it, unless it's to the same Chinese company importing it at the other end. It will then be passed onto the end consumer pays it and it goes into the exchequer. If I sell you a locomotive tomorrow from here and you live in the US, the 23% VAT will be removed from your purchase price (as it always has been) and the 30% of tariff imposed by your government will be added, along with whatever other charges. It's as simple as that. We have no control over it. Still, 30% is better than what it was, thanks to the climb down in recent days. Sums it up perfectly! 1 1 Quote
Mayner Posted 22 hours ago Posted 22 hours ago (edited) 3 hours ago, jhb171achill said: As is watching paint dry! Watching paint dry! This Financial Times piece should put the cat among the pigeons, recent USA-UK trade "Deal" and its potentially repercussions for the British model train importers and distributors https://www.ft.com/content/52f7be1c-e708-4b01-b486-7f189a52c842 "China has criticised a trade deal between the UK and US that could be used to squeeze Chinese products out of British supply chains, complicating London’s efforts to rebuild relations with Beijing". FT Perhaps Accurascale consider on-shoring IRM sales and distribution to Ireland unless United States forces the EU into a similar "deal" Perhaps an opportunity for British modeler to "get back to basics" resume modelling and support the local industry by scratch and kit building Edited 22 hours ago by Mayner 1 Quote
MOGUL Posted 11 hours ago Posted 11 hours ago (edited) 15 hours ago, Mayner said: Watching paint dry! This Financial Times piece should put the cat among the pigeons, recent USA-UK trade "Deal" and its potentially repercussions for the British model train importers and distributors https://www.ft.com/content/52f7be1c-e708-4b01-b486-7f189a52c842 "China has criticised a trade deal between the UK and US that could be used to squeeze Chinese products out of British supply chains, complicating London’s efforts to rebuild relations with Beijing". FT Perhaps Accurascale consider on-shoring IRM sales and distribution to Ireland unless United States forces the EU into a similar "deal" Perhaps an opportunity for British modeler to "get back to basics" resume modelling and support the local industry by scratch and kit building Hidden behind a paywall unfortunately, but any of the coverage of the US-UK trade deal seems to suggest that it is light on actual content beyond favouring a few sectors/products like the US beef sector, US bio-ethanol and the small British car manufacturing industry that still exists. It is highly unlikely that the UK will follow the US lead in launching a tit for tat Tarriff war with China, and even if it did, it is unlikely the EU would follow suit and also ramp up duties on Chinese goods. The decision to close the IRM warehouse in Dublin wasn't one taken lightly, and a good bit of crunching the numbers and thought was put into it before wielding the axe. But the volume just doesn't exist in the Irish market to support the costs of running a second warehouse to handle maybe a few hundred orders in a good month. We are now a little over 3 months in, and TBH the benefits have already exceeded what we thought would be possible when we started the review. Not only have we reduced the cost base(which helps fund tooling for future IRM models) but we have also now given IRM exposure to our UK customer base, many of whom weren't aware of it before the products and updates appeared on the Accurascale website. In addition to that, the ability to buy both IRM and Accurascale products in the same order, and have them shipped VAT paid throughout the EU 27(which wasn't something we offered on Accurascale before now) is a big plus for anyone outside the UK and Ireland. At this stage, I can't see us ever going back to having an Irish based warehouse unless railway modelling overtakes the GAA as the most popular past time in Ireland. My contribution to this thread has probably been a bit lacking the last while, but given the relatively small market in the US for all things OO gauge, losing sleep over the US tarriffs has been low on my list of priorities. This was something else we have discussed internally, and have examined all the options between offering DDP(all taxes and duties paid) shipping to the US and just stopping shipping to the US altogether like some of our competitors have done. But ultimately, the logical middle ground of doing nothing is what makes the most sense. Our RoW customers having been buying on a DAP/VAT free basis for years, including our US ones, and this has not changed in anyway on our side. The only difference is that one market has decided to change their import rules, and impose punitive levels of duty on our products due to their country of origin(the reasons for which have been explained in depth and don't need repeating). It would be unfair for us to offer a reduction equal to the level of duty to customers in that market as @James Regan has suggested and not to our customers in other overseas markets including yourself @Mayneror even in our home markets. Edited 6 hours ago by MOGUL 5 1 Quote
ttc0169 Posted 11 hours ago Posted 11 hours ago 19 minutes ago, MOGUL said: but we have also now given IRM exposure to our UK customer base, many of whom weren't aware of it before the products and updates appeared on the Accurascale website. With all due respect Andrew….as I have said in a previous thread- IRM models were not too visible at recent UK model exhibitions. Quote
Warbonnet Posted 11 hours ago Posted 11 hours ago 5 minutes ago, ttc0169 said: With all due respect Andrew….as I have said in a previous thread- IRM models were not too visible at recent UK model exhibitions. Hi Noel, They were perfectly visible, and we have seen mixed orders for Accurascale UK and IRM models in one order. We have now also opened up IRM models to UK retail outlets like Rails of Sheffield, further spreading the gospel. Thanks, Fran 3 Quote
Horsetan Posted 11 hours ago Posted 11 hours ago 41 minutes ago, MOGUL said: ... unless railway modelling overtakes the GAA as the most popular past time in Ireland..... Hell will freeze over first Quote
DJ Dangerous Posted 10 hours ago Posted 10 hours ago 19 minutes ago, Warbonnet said: Hi Noel, They were perfectly visible, and we have seen mixed orders for Accurascale UK and IRM models in one order. We have now also opened up IRM models to UK retail outlets like Rails of Sheffield, further spreading the gospel. Thanks, Fran Absolute shit ton of Irish outline on the Rails website yesterday - probably the biggest Irish outline selection I’ve ever seen available! 2 Quote
MOGUL Posted 9 hours ago Posted 9 hours ago 1 hour ago, DJ Dangerous said: Absolute shit ton of Irish outline on the Rails website yesterday - probably the biggest Irish outline selection I’ve ever seen available! Yep, another benefit of having IRM stock available via Accurascale is that we can now offer it to our UK trade network, and Rails seem to have really got on board with and our now stocking nearly entire Bulleid range with the exception of the sold out tanks and Brown grain vans. Quote
MOGUL Posted 9 hours ago Posted 9 hours ago 1 hour ago, Horsetan said: Hell will freeze over first Yep, it has done quite well since my Great-Great-Grandfather and his co-founders got together over 140 years ago, and I'm sure they would be proud. Not sure why they would make of the current debate over Skorts though! Funnily enough, his son is responsible for the FT that hides it's articles behind paywalls, but that is a story for another day. Quote
James Regan Posted 4 hours ago Posted 4 hours ago 6 hours ago, MOGUL said: It would be unfair for us to offer a reduction equal to the level of duty to customers in that market as @James Regan has suggested It’s good to see a well considered response given the amount of nonsense that has been peddled on here about tariffs by people claiming to understand them. The reference to DDP for example highlights the scenario where Accurascale would be adjusting the price to include tariffs contrary to some statements here, and some retailers are doing that. The other part of the tariff that is complicated is that while the 30% rate may apply to shipping with DHL, shipping by royal mail/US mail may be subject to a 54% rate or a $100 flat fee for orders under $800 giving the opportunity for some arbitrage. It is unclear exactly how that would work but potentially an order of two locomotives for $700 could have an effective tariff rate of around 12-15%. We’ll see how that develops. Im not sure Accurascale provide the option to ship by mail but Rails certainly do. Thats one option. While you may think pricing based on market is unfair to other markets it’s fairly common in business because the main driver is your competitiveness in a particular market. While the US market may not be particularly important to Accurascale’s businesss, these tariffs put your prices significantly above competitors and are likely to impact any sales you do have. I’m not suggesting you eat all the tariff but other companies have shown regard for their customers in dealing with this together. It’s something you may want to consider. While many of your models sell out and the issue is moot, you ended up giving major discounts on certain models like the beet wagons where the market is more limited. You could easily do that up front and generate goodwill at little cost. Quote
DJ Dangerous Posted 3 hours ago Posted 3 hours ago I don’t think that DDP (Delivery Duty Paid) could really be considered a price adjustment by the seller. DDP means that the tax / duty / tariff is collected by the seller, and paid to your government on your behalf. The item price stays the same, the tax stays the same, what the customer pays in total stays the same, it’s just paid in a different way. Quote
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