I purchase many components directly from China for business purposes (Engineering R&D, machinery, etc). Just received an item last week with an $1100 purchase price. The import duty we paid on that single item was $2100. It doesn’t really quite sink in until you sign the actual bill.
I had a machine redirected to an alternative facility in another country because the import duty was around $26K for a $13K piece of equipment. There is no alternative supplier in either case. Unless you want to spend $300K for a custom one off build.
so where are we at? what are the tarrifs? Its like everyday its new numbers.
I purchase many components directly from China for business purposes (Engineering R&D, machinery, etc). Just received an item last week with an $1100 purchase price. The import duty we paid on that single item was $2100. It doesn’t really quite sink in until you sign the actual bill.
I had a machine redirected to an alternative facility in another country because the import duty was around $26K for a $13K piece of equipment. There is no alternative supplier in either case. Unless you want to spend $300K for a custom one off build.