Chinese sellers price increases

[slati_2013]

So today I was doing my walkabout checking out sellers and possible purchases and one Chinese seller had his items at triple the normal prices. Also I noticed the shipping for an item as tiny as a kit kat bar was $1000. I thought this was an error. However when I checked his other listings, all the items were three times the prices of American sellers and the shipping for bigger items were $1500.  I actually feel bad for him even though he is a competitor, because at those prices, he is not going to sell anything. I am guessing playing around is over. Here comes the pain. 

[meme6253]

I Love kit kat bars, But not that much!

[itsjustasprain]

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@slati_2013 wrote:

So today I was doing my walkabout checking out sellers and possible purchases and one Chinese seller had his items at triple the normal prices. Also I noticed the shipping for an item as tiny as a kit kat bar was $1000. I thought this was an error. However when I checked his other listings, all the items were three times the prices of American sellers and the shipping for bigger items were $1500. 

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Those sound like placeholder prices. They are intended to keep the listings live but not sell anything until the seller has a chance to restock.

[slati_2013]

N

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@itsjustasprain wrote:

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@slati_2013 wrote:

So today I was doing my walkabout checking out sellers and possible purchases and one Chinese seller had his items at triple the normal prices. Also I noticed the shipping for an item as tiny as a kit kat bar was $1000. I thought this was an error. However when I checked his other listings, all the items were three times the prices of American sellers and the shipping for bigger items were $1500. 

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Those sound like placeholder prices. They are intended to keep the listings live but not sell anything until the seller has a chance to restock.

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No, no, no. This is a regular seller. His items are up and running and in stock. Some with multiple in stock. Maybe a placeholder until the tariff issue is settled, but the prices are for all his items and the shipping are for all the items. Placeholders are for one or two items. Not all your items. 

[doc-holmes]

I like Kit-Kat, unless I'm with four or more people. 

[stephenmorgan]

What would be the purpose of rasing the prices to extordanary prices that no one would pay? I thought tariffs get paid to the government by the person receiving the item? Maybe their prices are in the Chinese currency? Can you post an item number for one of their items?

[slati_2013]

Okay, so this is not a one seller. I have seen it with several Chinese seller with varying prices.

https://www.ebay.com/itm/127082348657?itmmeta=01JT14FAKBEK63FX48VYVBPRW8&hash=item1d96b2c071:g:rP4AA... 

or second seller whose prices are more reasonable but still high:

https://www.ebay.com/itm/135688247192?itmmeta=01JT153D24WT4Q818J5AFVGJTX&hash=item1f97a65798:g:CWcAA... 

It seems to me they are trying to make up the tariffs with shipping. Exactly the reason why eBay has fees on shipping. 

[double2trouble]

The deminimis exemption has changed. It was no duties on packages under $800. They did this originally because it cost more to collect the duties than they received. Thanks to king orange, it is now 145%, or $200 per item, whichever is higher. So, if you want to order five 50 cent items, it will be $1000 to get it out of customs. While they claim this is to help US manufacturing, none of the crap is made here anyways, and they just want to make you have to go through monopoly retailers and pay outrageous markups for the same crappy items, because those people give money to politicians. The other claim is drugs, but most of that comes over the southern border. Enjoy the inflation. 

[movieman630]

Welcome it with open arms.  When those sellers exit the scene we will prosper. 

[asset_liquidators]

Are we supposed to feel sorry for sellers who have been able to drastically undercut U.S. sellers and flooded the market with cheap knock-offs and who also get subsidized shipping enabling them to ship an item from China to the U.S. cheaper then a U.S. seller can ship the same item one town over?

[redlinear]

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@double2trouble wrote:

The deminimis exemption has changed. It was no duties on packages under $800. They did this originally because it cost more to collect the duties than they received. Thanks to king orange, it is now 145%, or $200 per item, whichever is higher. So, if you want to order five 50 cent items, it will be $1000 to get it out of customs. While they claim this is to help US manufacturing, none of the crap is made here anyways, and they just want to make you have to go through monopoly retailers and pay outrageous markups for the same crappy items, because those people give money to politicians. The other claim is drugs, but most of that comes over the southern border. Enjoy the inflation. 

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And there's a reason it's not made here.
I sure hope this puts a damper on all the little overseas cheap junk auto parts

[tarotfindsandmore]

Since when do we care about the success of Chinese sellers? Do you honestly believe they're interested in our wellbeing??  Lets hope this trend continues.  Let China take care of the Chinese, that's what communism is supposed to be about.  What we've seen over the past two decades is a parasitic form of pseudo capitalism from the CCP that has wrecked our economy, while none of China's citizens have seen any benefit.

[stephenmorgan]

I do not understand the goal of why they are doing this.  I thought tariffs are paid by the receiver of the product to their country?   

[luckythewinner]

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@slati_2013 wrote:

So today I was doing my walkabout checking out sellers and possible purchases and one Chinese seller had his items at triple the normal prices. Also I noticed the shipping for an item as tiny as a kit kat bar was $1000. I thought this was an error. However when I checked his other listings, all the items were three times the prices of American sellers and the shipping for bigger items were $1500.  I actually feel bad for him even though he is a competitor, because at those prices, he is not going to sell anything. I am guessing playing around is over. Here comes the pain. 

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If he ended his listings, they would go away after a couple months. Perhaps he is doing this to 'archive' his listings until someone stops the orange-haired insanity.

[reallynicestamps]

@stephenmorgan 

I've never understood the concept of 'placeholder pricing'. It's like telling your potential buyer, "I've got it but you can't have it." Or, "I am putting a ridiculous price on this to laugh at you, poor person."

It's one reason why we need a Blocked Sellers List.

You are right. The importer/buyer pays the tariff.

Tariffs are a federal sales tax on imported goods.

Coming soon, federal sales taxes on domestic goods.

Followed by federal sales taxes on services.