Tradd: I was just curious about how duties are calculated. Are they based on the final retail value of an item, or the wholesale value?
Tradd: I was just curious about how duties are calculated. Are they based on the final retail value of an item, or the wholesale value?
Value shown on invoice from supplier to US importer. Duties are a percentage of invoice value.Originally Posted by rosarugosa
I just got, a few days ago, a painting from Europe. It came shipped by DHL and I couldn’t believe how fast it got here, I think within 10 days or less.
anyway, I just heard that DHL was stopping its shipping of products over $800 due to duties. I guess I got my shipment just in time.
The ripple effect of this is huge as is it on all of these import issues.
This makes me think people with Tradd’s customs broker’s license are extremely valuable to employers.
DHL’s stoppage is shipments over $800 to individuals. Businesses will still get their shipments.
IL, don’t buy anything from overseas going forward until we see how things shake out. I’m serious.
Yes. Well. I just ordered $100 worth of doll clothes from China, but we shall see how that works.
The $800 exemption goes away May 2. You will have to pay something like $100 more. I don’t have the full details in front of me.
Yes, definitely on value of license.
WSJ had this article today on the licensing exam.
https://www.wsj.com/economy/trade/ta...rkets-824b9c25
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