US Tariff News and Updates Discussion

Lol, ofc do your own research but things like this are what AI systems are excellent at (basically yes/no answers).

After importing many items into the EU, the main issue is ensuring that the brokerage people know the actual laws.

This is complex for Americans as they seem to change every 5 mins.

For example, I live in the EU and temporary exported goods are exempt from paying VAT on Declared Value (returned goods relief) - eg. If I sent stuff for grading in the USA, I wouldn’t have to pay any tax on the return.

DHL and UPS generally understand the assignment (they do charge fees to do the paper on the temporary import, but it’s fixed) but I’m still fighting with FedEx from a submission over a year ago as they charged me full vat on the return. They don’t know their own laws.

Even some people in efour said you have to pay VAT on the grading fee from PSA - which is bollocks as it’s a service done in the USA. You don’t pay vat on a service bought from the USA if you are a european.

And there is no VAT to pay on the card also as they aren’t improving the cards condition or repairing it, just authenticating it.

Use ai to guide yourself. Now you can approach your broker of choice and ask what’s up.

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For private persons you absolute have to pay VAT when your cards return to the mainland of Eu. VAT over the grading costs period. Companies yes they can ask for Temporary export, but private persons can’t.

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No, no, no.

You are paying for a PHYSICAL SERVICE done in the USA.

It is exempt from VAT as it’s not a digitial service and they take it on the place of supply.

You MAY have to pay VAT on the return shipment cost.

The cards are not being altered or repaired. They are simply being authenticated - and therefore unchanged.

The value doesnt improve as technically a raw card that is a 10, is still a 10.

Source: ex lawyer. I also spent loads of time personally dealing with UPS/FEDEX customs on this.

Using AI to help with legal stuff is why Kim Kardashian didn’t pass the bar.

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Would also add to this that grading companies specifically send cards back as RETURN. But you yourself have to get the customs paperwork correct on the way out or the shipping companies may disregard it.

Beckett literally put a notice on the side of the box stating this as well

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Cool, how nice it is that you keep up with the Kardashians.

Nothing I wrote was done via AI, and I passed the UK “bar” (we dont have one, you have 4 years of study plus 2-3 years of training contracts) circa 2016.

If you and Rainbow want to keep paying unessesary taxes, that’s your perogative.

Not my fault if you dont know the rules to help yourself.

Correct, but it was quite easy to get (I havent done a submission since Trump implemented the tariffs, but I imagine it is similar). You needed an export waybill with a description of your items, marketing them as personal items to be authenticated and returned within x time period - and outbound customs delcaration (which UPS/FEDEX do for you anyway).

You need to request it from your courir AFTER it has arrived in the US.

UPS sent it to me within 24 hours after requesting it.

Upon the return, you send that to whatever customs broker you are using and that should be enough.

You will likely need to pay for their paperwork fee, which varies. For example, DHL charge a 40euro flat fee.

No, as long as they put that card in a plastic holder it’s not a fhysical service anymore.

Also on services which don’t alter anything you have to pay VAT. Very normal in Europe (but perhaps Spain doesn’t follow those rules)

This is, by definition, a PHYSICAL service carried out in the USA.

It is not a digital service, which is one of the few exemptions.

Please do yourself a favour and look up “Returned Goods Relief”.

If a repair is carried out OR if the item is altered itself (doesnt apply to grading/authentication) - then you pay tax on the difference in value.

  • RGR - Article 203 (1) // Commission Delegated Regulation (EU) 2015/2446 (Articles 158–163) and Commission Implementing Regulation (EU) 2015/2447.
  • VAT - Article 45, Council Directive 2006/112/EC - for services supplied to a non-taxable person (i.e., a private consumer), the place of supply is where the supplier is established (with some exceptions).

When combined with VAT laws -

When you send cards from the EU to the USA for grading, Returned Goods Relief can stop you from being charged import VAT when the cards come back.

RGR applies when the same items you originally exported from the EU return within three years, you still own them, and only a PHYSICAL service (like grading/authentication) was carried out abroad. As long as you can show proof that the cards were originally sent out of the EU — for example, with tracking or export documentation — you can claim the relief when they come back in.

If RGR is applied correctly on the return shipment, you won’t pay import VAT on either the value of the cards or the grading service. You may only be charged a small handling fee by the courier. If you don’t claim RGR, customs will treat the cards as a normal import and charge VAT based on the declared value of the cards.

In short, you don’t owe VAT on the US grading service itself, and with Returned Goods Relief you can also avoid paying VAT when the cards re-enter the EU — as long as you document the export and declare RGR on the return.

This thread is now getting thoroughly side tracked - I dont know the new process since Trump brought in Tariffs, but this was how it worked before.

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So can we buy from Canada and Japan again?

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Also great for us in the UK if we can actually sell direct to the USA again easily. I’ve only had an occasional GSP sale every week or since April.

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All the Supreme Court said was that he can’t implement tariffs through IEEPA. But he can use other laws to impose tariffs.

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Which means yes, until an alternative is put in place. If you had something already in transit you hit the jackpot and saved a bunch.

Which law then? There’s presumably a reason they picked a law that was an extreme stretch

  • Trump said he’s signing an executive order to impose a 10% global tariff using Section 122, which was created by the 1974 Trade Act
  • The president also said he would use Section 301 as a means to impose tariffs
    (source: BBC)
  • President Donald Trump said he will sign an executive order imposing a new 10% “global tariff” under Section 122 of the Trade Act of 1974.
  • Trump was defiant following a major Supreme Court defeat, saying he will find other ways to impose global tariffs that were struck down.
  • Trump said the 6-3 court ruling won’t constrain him from unilaterally imposing tariffs using other legal authority.
    (source: CNBC)

:roll_eyes:

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a close up of a man 's face with the words " three days " on the bottom

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But they probably already started whatever process to implement the tariffs under a different law. They wouldn’t wait until the verdict to start. I can’t imagine it would be a long enough in-between time for it to matter. They probably started it when he did the emergency tariffs.

-edit-
I misread your first thing and thought it said China, not Canada. Either way I don’t think anything is really gonna change

I’m glad to see the smallest remnant’s of someone upholding executive power constraints to this donkey. I wonder if any other loopholes will be closed off. Maybe now that he’s raiding our tax dollars for 10 billion into his board of peace ponzi scheme, things can at least go back to normal with trade/sales between countries.

Time to get back in contact with my middlemen

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From what I read:

“Section 232 of the Trade Expansion Act of 1962, which empowers the president to adjust duties on specific goods “so that such imports will not so threaten to impair the national security” after an administration investigation of trade practices.“

-and-

“ Section 301 of the Trade Act of 1974, gives the U.S. trade representative authority to probe whether U.S. rights are being denied under any trade pact and, at the direction of the president, take lawful actions to rectify that.”

So these are pretty liberal from what I can tell, meaning there’s a lot of room for interpretation. So if he see’s the imports from Japan or China as a threat to national security then yeah it would affect pokemon. But I think that would be one of the benefits of Pokemon opening that new printing factory, because it would eliminate a large part of that.

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I’m hoping my stuff sitting at the proxy can benefit from this, but I doubt it, since there’s still a lot of uncertainty :grimacing:

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Oh wait, it gets worse, apparently the full quote is that he’s planning to use section 122 to impose an additional 10% tariff on top of keeping the existing tariffs

“Effective immediately, all National Security TARIFFS, Section 232 and existing Section 301 TARIFFS, remain in place, and in full force and effect. Today I will sign an Order to impose a 10% GLOBAL TARIFF, under Section 122, over and above our normal TARIFFS already being charged…”
Source: White House Twitter

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