It could be an issue, leds, resistors, copper wire all included. It’s a uestion of whether prices can be passed on to the consumer. I don’t think there are substitutes domestically, but if there are, they will be more expensive.
(Topic ID: 213977)
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Products come and go through customs, where the tax is levied. So if we levy a tariff on goods from China, when it hits US customs the tariff is paid by the buyer/importer. The idea is to discourage US consumers from buying Chinese goods in favor of US goods. Small orders, like a box of leds, I think can get through untaxed as they are considered deminimus. Uncle Sam gets the tax revenue.
2 years later
Tariffs are typically imposed to protect a domestic industry affected by unfair practices by a foreign company. What exactly is the EU protecting by imposing tariffs on pinball machines? Both sides will be hurt by this, makes little sense.
Quoted from JodyG:The new EU tariff is in retaliation to the US giving unfair government subsidies to Boeing, which hurt Airbus in the EU. The US imposed a 25% tariff on some EU items like certain alcoholic beverages, with threats to go to a 100% tariff on those items. The new 25% EU tariff is just another escalation in the overall war. Hopefully cooler heads will prevail.
https://www.bloomberg.com/news/articles/2020-11-09/eu-gives-green-light-to-trigger-4-billion-tariff-strike-on-u-s
I know why they did it, but it makes no sense to hit gaming since it doesn’t level the playfield (no pun intended). It hurts both EU consumers and US producers. Alcohol is made in both countries so a tariff imposed by the EU favors EU alcohol producers,
Quoted from desertT1:The article said this tif has been going on for 16 years. Wasn’t the original issue from the US that Airbus is partially owned by the French government and thus able to unfairly subsidize them? Is that still the case? With Boeing able to get huge loans right now at near zero interest I don’t know that there’s much of a difference.
Either way, the EU side said they will cancel theirs if the US cancels theirs, so it might have a simple way to end the whole issue.
Doubt anything happens on the US side until the administration changes over unless stern/jjp/Cgc/etc. and billiards and other gaming manufacturers can get their representatives to make some noise.
Quoted from Rdoyle1978:I wonder if this was a sly way to hit gambling-machine companies?
Don't know, but it's going to wreak havoc on pinball in the EU. All those people who ordered a GNR in the EU might now have to pay an extra 25%.
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