Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
    Login
    Create account
    theallinpod
    theallinpod
    2
    83
    13
    3k
    2

    Amazon Loopholes: How Foreign Sellers Evade US Tariffs

    US Trade Concerns Rise as Foreign Sellers Dodge Tariffs on Amazon The issue of foreign sellers evading US tariffs on goods sold through Amazon is raising concerns about fair trade practices. A recent video from the "All In" podcast highlights how sellers, many based in China, are allegedly exploiting loopholes in the system. The podcast host claims, "Foreign sellers are gaming Amazon and dodging U.S. tariffs." He illustrates how under-reporting the value of goods and misclassifying them allows these sellers to pay substantially less in tariffs than US-based businesses. The video points out the lack of effective enforcement as a major problem. One expert interviewed in the video added, "Amazon's third-party system is like a bit of a backdoor to abuse the system." This lack of oversight creates an uneven playing field, potentially harming American businesses and consumers. The video also suggests that a significant portion of Amazon sellers are not registered in the United States, further compounding the issue. While the video raises serious concerns, further investigation is needed to verify the claims and fully understand the extent of tariff evasion on Amazon. However, the issue underscores the need for stronger enforcement and greater transparency in online marketplaces to ensure fair competition and protect American interests.

    2 months ago
    PH
    United States
    podcasts
    tariffs
    Amazon Sellers Face Tariff Hurdles, Find Ways to Adapt
    Amazon Sellers Face Tariff Hurdles, Find Ways to Adapt
    lukebasha
    2mo ago
    US
    465
    US Companies Find Clever Way to Beat Tariffs
    US Companies Find Clever Way to Beat Tariffs
    alarabiya
    2mo ago
    AE
    18k
    Trade War Drives Americans to 'Muamba': A Brazilian Practice Finds New Life in the US
    Trade War Drives Americans to 'Muamba': A Brazilian Practice Finds…
    uol
    2mo ago
    BR
    2k
    Tariffs and VAT: The Hidden Costs of Your Purchases
    Tariffs and VAT: The Hidden Costs of Your Purchases
    danielvillaresgon
    2mo ago
    ES
    1k
    newstik.info@gmail.com