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Electic bikes from China
The EU will impose duties (27.5-83.6%) on
electric bikes from China, starting Thursday. https://www.svt.se/svttext/tv/pages/133.html -- underground experts united http://user.it.uu.se/~embe8573 |
Electic bikes from China
On 2018-07-18 20:04, Emanuel Berg wrote:
The EU will impose duties (27.5-83.6%) on electric bikes from China, starting Thursday. https://www.svt.se/svttext/tv/pages/133.html For those not familiar with Scandawegian https://www.ft.com/content/c27c4aa6-...e-8771d5404543 |
Electic bikes from China
On 7/18/2018 3:27 PM, Tosspot wrote:
On 2018-07-18 20:04, Emanuel Berg wrote: The EU will impose duties (27.5-83.6%) on electric bikes from China, starting Thursday. https://www.svt.se/svttext/tv/pages/133.html For those not familiar with Scandawegian https://www.ft.com/content/c27c4aa6-...e-8771d5404543 Looks like a paywall. -- - Frank Krygowski |
Electic bikes from China
On 7/18/2018 4:20 PM, Frank Krygowski wrote:
On 7/18/2018 3:27 PM, Tosspot wrote: On 2018-07-18 20:04, Emanuel Berg wrote: The EU will impose duties (27.5-83.6%) on electric bikes from China, starting Thursday. https://www.svt.se/svttext/tv/pages/133.html For those not familiar with Scandawegian https://www.ft.com/content/c27c4aa6-...e-8771d5404543 Looks like a paywall. US increased duties on those last week (2 weeks ago?) and both rates have been covered in general business news, besides cycling specific organs. These actions were not unprovoked https://money.cnn.com/2017/10/02/tec...ope/index.html The Powers That Be in China (Winnie the Pooh) see electric bicycles as gateway technology to batteries, controllers, motors etc for cars & trucks, part of 'Made in China 2025'. http://www.latimes.com/world/asia/la...424-story.html Not only electric bicycles of course, hence: https://www.clickondetroit.com/news/...riffs-on-china One might dislike fat, loud people with odd hair, but he does have a point. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 |
Electic bikes from China
On 7/18/2018 8:24 PM, AMuzi wrote:
One might dislike fat, loud people with odd hair, but he does have a point. Even a blind squirrel finds a nut once in a while. But that doesn't mean anyone should vote for that squirrel. -- - Frank Krygowski |
Electic bikes from China
On Wednesday, July 18, 2018 at 7:05:31 PM UTC-7, Frank Krygowski wrote:
On 7/18/2018 8:24 PM, AMuzi wrote: One might dislike fat, loud people with odd hair, but he does have a point. Even a blind squirrel finds a nut once in a while. But that doesn't mean anyone should vote for that squirrel. Who says he got it right? A trade war will crush certain US businesses and drive-up the price of foreign and domestically produced consumer goods. Right is matter of whether you're a winner or loser, and there will be huge losers. I'll admit, though, he is good at using platform planks as revenue generators to cover the massive budget gap created by the corporate tax break -- or to provide windfalls to his favorite persons and industries, including the conjoined twins of steel and coal. His tax code revisions are practically written for real estate investors and developers. His negotiating style -- which generally involves an opening gambit resulting in absolute chaos, like the opening scenes of a Shakespeare comedy, presumes that we should and can gut-it-out until victory ensues. He assumes that everyone has the financial reserves to withstand the buffeting. Most don't. His base will be hardest hit, or at least that portion of his base that aren't real estate investors. When WalMart prices soar, so will Mitt Romney. -- Jay Beattie. |
Electic bikes from China
The EU will impose duties (27.5-83.6%) on
How does it work with the percentage and all? Who decides if its 27.5 or 83.6? And 27.5% on what? If the Chinese ship say 100 bikes, what is the value of that, and how is calculated? Do they have a bike expert on the border who says "these bikes are worth a bunch on money?" No? |
Electic bikes from China
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Electic bikes from China
On Wednesday, July 18, 2018 at 8:04:27 PM UTC+1, Emanuel Berg wrote:
The EU will impose duties (27.5-83.6%) on electric bikes from China, starting Thursday. https://www.svt.se/svttext/tv/pages/133.html English report here, thanks to Tosspot: https://www.ft.com/content/c27c4aa6-...e-8771d5404543 These punitive import duties are not new. They've stood for a long time as "anti-dumping duties". I assume they will now be stringently applied, where previously they were honored in their absence. I've in fact written about these "new" duties a few years ago either here or on another forum, warning people that if the customs officer inspecting their parcel from China feels dyspeptic he could double the price and then some with import duties plus punitive anti-dumping duties, with the punitive duties being imposed on the total of the agreed value (a dangerous concept when dealing with the Excise), the transport cost, the import duty, the brokerage, and the value added tax (for Americans, sales tax), all of which easily reaches 300%. Customs officers have a wide discretion about the import duties as well, especially if the electric bike or kit is imported by a private person, on which they can overlook the duties on imports from certain countries if they're below a set figure which differs for various classes of items. People who've imported on motor have until now had the benefit of this discretion and then some. As for the question elsewhere in this thread about how the value is decided, generally speaking invoices will do. But in the case of China, where the numbers written on export documents are from dreamland, and distorted by state subsidies to create what Western marketers call "loss leaders", the "Japanese model" applies. This involves the customs officer hefting the duty on a price he decides would be the wholesale price if the item, in this case an electric bicycle, was produced locally; the Japanese, with their very high materials cost and stiff labour costs too compared to their near neighbors, use such methods to keep out imports from undesirables (gaijin, a very useful weasel-sword), meaning China, the US and the EU. It might be added that in addition, Germany, which through financial dominance rules the EU to a far greater extent than Heinz Guderian's tanks could achieve, has an electric-bike industry of its own to protect, not least its technological superiority. The Bosch-Panasonic motors are, for instance, the only ones with a commercially viable torque sensor and reaction software.. Andre Jute Good golly, my education wasn't wasted! |
Electic bikes from China
On 2018-07-18 22:20, Frank Krygowski wrote:
On 7/18/2018 3:27 PM, Tosspot wrote: On 2018-07-18 20:04, Emanuel Berg wrote: The EU will impose duties (27.5-83.6%) on electric bikes from China, starting Thursday. https://www.svt.se/svttext/tv/pages/133.html For those not familiar with Scandawegian https://www.ft.com/content/c27c4aa6-...e-8771d5404543 Looks like a paywall. That's weird, not for me. Anyhow, precis; The EU has imposed tariffs on imports of Chinese electric bicycles, in an effort to shield the bloc’s manufacturers against dumping at a time of rising trade tensions around the globe. Brussels decided to impose provisional anti-dumping duties of between 21.8 per cent and 83.6 per cent on inbound shipments of e-bikes from China, without which it said a further deterioration of the industry’s economic and financial situation was “very likely”. Regulators found evidence of dumping — selling a product below home market prices — as a result of which the region’s e-bike producers suffered “material injury”. |
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