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Amazon to display tariff costs for consumers

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Re: Amazon to display tariff costs for consumers

#21

Post by op00to »

TrackerFF wrote: post #6

Cool, it is rare to see that kind of transparency. I live in a country with both tariffs / import taxes on a bunch of items, and a general VAT. VAT (25%) is the only thing you ever see as a consumer, and other taxes (like for exmaple 10.7% on clothes imported to my country) are hidden away by the stores. I've been checking out some of the aliexpress / temu / etc. subreddits, and US consumers are losing their marbles…

Who says it will be right? There are no real consumer protections any more. Why not just lie about it?

Re: Amazon to display tariff costs for consumers

#24

Post by JumpCrisscross »

robalpha wrote: post #7

Wouldn't this reveal their margins? If you see the tariff amount, you can then find the appropriate line in the policy and then calculate how much they paid for it at import.

> If you see the tariff amount, you can then find the appropriate line in the policy and then calculate how much they paid for it at import

With the amount of day-to-day and place-to-place variation in tariffs, I'd say that's highly unlikely. Simpler: check their public filings for aggregate statistics.

Re: Amazon to display tariff costs for consumers

#25

Post by op00to »

Loughla wrote: post #20
Etheryte wrote: post #13

The Red Coalition ad under the article hits a very ironic note: > You voted for American energy dominance—and the Trump Administration is delivering. From solar to oil & gas, they’re unleashing it all. More energy. More jobs. Higher wages. America is booming—because when we lead, we win.

Are we booming?

Did we not have enough energy before? Rolling blackouts due to fuel shortages?

Re: Amazon to display tariff costs for consumers

#28

Post by murderfs »

coliveira wrote: post #2

This may backfire. Will they also show how much their profits are costing consumers?

Where exactly do you think Amazon's profits are coming from? Over half of their profit comes from AWS, and the retail side does not appear to have substantially different margins than brick and mortar retailers (~3% net margin).

Re: Amazon to display tariff costs for consumers

#29

Post by DennisP »

hypeatei wrote: post #19

I'm surprised they're able to calculate all of this properly in the first place. The U.S. doesn't have government personnel at the ports so the importer self reports. There isn't a central system to administer these tariffs either so during chaotic moments, you go based off the tweet of the hour I guess.

Or you start bribing customs officials not to spot-check you, because when the policy's so chaotic it's the only way you can do business.

Re: Amazon to display tariff costs for consumers

#30

Post by hippich »

jl6 wrote: post #4

Presumably they can determine this for items directly imported, but for all other cases (such as a made-in-the-USA product that is built using made-in-China tools, or from made-in-China components), surely the cost impact on the final product could be extremely complex to work out, if they even have access to that level of supply chain detail?

Last 2 or 3 years we use their AGL service. I am pretty sure a lot of their third party sellers are. So they will have exact information on custom duties paid.
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