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Replies: 96 / Views: 10,577 |
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Pillar Of The Community
United States
2115 Posts |
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NBC news had this on their evening edition tonight.
I have to wonder how long this is going to last. I contacted the dealer in Mexico who sells his album and got a blood curdling quote, they are making it impossible to buy this stuff outside the USA. It is going to be difficult to buy overseas for me at all. |
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Pillar Of The Community
Netherlands
6526 Posts |
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Let's hope there is no aluminium used in the production of your novelty foreign stamp. |
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Bedrock Of The Community
12552 Posts |
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You don't need the media to tell you what they want it to say. You can look for yourself. Quote: Sec. 3. Duty Rates for International Postal Shipments. (a) Transportation carriers delivering shipments to the United States through the international postal network, or other parties if qualified in lieu of such transportation carriers, must collect and remit duties to CBP using the methodology described in either subsection (b) or (c) of this section. Each transportation carrier shall apply the same methodology across all covered shipments during any given period but may change its methodology no more than once per calendar month, or on another schedule determined to be appropriate by CBP, upon providing at least 24 hours' notice to CBP. (b) A duty equal to the effective IEEPA tariff rate applicable to the country of origin of the product shall be assessed on the value of each dutiable postal item (package) containing goods entered for consumption. (c) A specific duty shall be assessed on each package containing goods entered for consumption, based on the effective IEEPA tariff rate applicable to the country of origin of the product as follows: (i) Countries with an effective IEEPA tariff rate of less than 16 percent: $80 per item; (ii) Countries with an effective IEEPA tariff rate between 16 and 25 percent (inclusive): $160 per item; and (iii) Countries with an effective IEEPA rate above 25 percent: $200 per item. (d) For all international postal shipments subject to the methodologies described in subsections (b) and (c) of this section, the country of origin of the article must be declared to CBP. (e) The specific duty methodology provided for in subsection (c) of this section shall be available for transportation carriers to select for a period of 6 months from the effective date of this order. After such time all shipments to the United States through the international postal network must comply with the ad valorem duty methodology in subsection (b) of this section. (f) Shipments sent through the international postal network that are subject to antidumping and countervailing duties or a quota must continue to be entered under an appropriate entry type in ACE to the extent required by all applicable regulations. https://www.whitehouse.gov/presiden...l-countries/ |
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Pillar Of The Community
United States
2115 Posts |
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This whole thing was designed by a guy who gets a kick from being mean.
That's all I'm saying now.... |
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Valued Member
247 Posts |
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Hate to be political but some of you voted for this. Enjoy the chaos that will ensue and then will have to be unravelled with more trade agreements being revised.
And BTW let's view this from outside the US - maybe for Mexican government it will now reduce the flow of illegal guns or theiur accesories shipped from the US to Mexico exploiting the deminimis law. It may reduce also any other illegal trafficking if contraband from the US to other countries. So, Americans should get off their high horse and realize that although we are supposedly doing this to combat fentanyl coming to the US we too export or own toxins to other countries so this may have a benefit for them - in the short term at least. But right now other countriues are doing this out of retaliation in dealinbg with our idiots in DC.
As for buying internationally coins and stamps - if you think the stamp market will suffer, just wait till you see the coin market even with the restrictions/prohibitions already in place to send coins and money between the US and non-US countries.
I have a strong feeling that this will gut the World Stamp Show in Boston --- unless the political landscape changes drastically to reverse and reduce the tariffs. I thought of booking a room for a night to be close to the show but now I won't since it will just be more of a US show and possibly a few dealers from Canada/Mexico/maybe UK who have the resources to contend with the tariff/custom complexities.
The USPS probably will simply raise rates or create a new class that incorporates these ridiculous custom charges.
As for the general economy, get ready for a nasty recession. I already see it with banks and their credit cards: APR is runnigng on average 24% (and this is NOT for store cards) - I experienced a 7 percent increase from 17 to 24%. Small retailers in NYC have encouraged people to pay in cash by offering small discounts on items if paid as such since COVID. This is to counter the banks' outrageous fees to retailers. Now that they are realizing they are bleeding retailers dry, they are going after individual consumers. Why? They know tariffs will reduce consumer spending greatly AND therefore one of the fewy avenues of profit is to raise the APR dramatically. This is one sign of a recession about to begin.
IN a way the stamp and coin world will be one of the canaries in the coalmine to see how adversely the tariffs will impact spending and, consequently, slow our economy. |
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Pillar Of The Community
Netherlands
6526 Posts |
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Unless I misunderstood, it is a one-way street. That would just affect US collectors of foreign stamps.
Also, I doubt foreign dealers attending the Boston 2026 show would have been exempt because of the de-minimis amount. Still, I can imagine they will not attend if the new charges are applied and they have to pay upon entry into the US and see if and how they get a refund on the stock they do not sell. But that is not very relevant to this thread. |
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| Edited by NSK - 08/26/2025 12:08 pm |
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Pillar Of The Community
United States
2115 Posts |
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Has anyone else contacted the APS to get them to explain to the Feds all of this? I just did.
The Boston stamp show will be a different animal without all the foreign dealers there. I did call my Congress what I was , calling about and spent five minutes trying to explain what I was referring to. Lots of bored sounds on their part.. |
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Pillar Of The Community
United States
1847 Posts |
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APS announced yesterday that it has hired former APS president Mick Zais to lobby the Administration on this issue. |
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Pillar Of The Community
719 Posts |
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Quote: Unless I misunderstood, it is a one-way street. That would just affect US collectors of foreign stamps. I am a Canadian collector and dealer and this impacts me considerably. Yesterday I ended up putting the US on my "Exluded Countries" list for sales and shipping due to the complexities and some horror stories being posted on the ebay Community forums that happened with items already tariffed that were above the de minimis… and the chaos is only just really beginning. I have a lot of great American customers so this has a direct impact as a small "foreign" business. What I will say is that people and businesses adapt and if a major country "isolates" themself in some way from an ever-expanding global market, it can increase relations and trade between everyone else. Bringing this back to stamps and on my small macro scale, I have already been working on adjusting and focusing on my Canadian and non-US international markets much more heavily, even to the point of recently shipping something to a country I had previously blocked. I suspect others, and across all platforms and markets, will find their own ways. Sadly the 20ish% of my sales that go to the US are gone for now. Such is. |
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Bedrock Of The Community
12552 Posts |
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Let's take a breath and see if this really is the apocalypse being talked about by some here. Just a thought. When the tariffs began in April the usual suspects were making predictions about our financial ruin by June. None of it happened. Let us not get our knickers in the proverbial knot and give it a month or so. If it continues to be bad, really bad, feel free to lose your mind. The thing is we have seen some get spun up for years now over countless things and most times it ends up being a nothing burger. Then they just move on to the next end of times scenario.
Is Boston 2026 already lost? Come on now. |
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Moderator

United States
5094 Posts |
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Quote: Let us not get our knickers in the proverbial knot and give it a month or so. I don't think customers of some goods (stamps excepted) can wait a month or so. I have a feeling that a Taco response is soon coming, but not willing to hold my breath. |
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Bedrock Of The Community
12552 Posts |
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Quote: I have a feeling that a Taco response is soon coming, but not willing to hold my breath. I had to look up the "Taco" reference. Apparently, it is a thing the Left cooked up as a derogatory term for this POTUS? Trump Always Chickens Out? Could we have gone down that road with the previous POTUS? Would that have been acceptable or is this a one-way street? |
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Moderator

United States
5094 Posts |
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I'd guess we'd have to go through the 100's of derogatory terms used by the current administration on previous ones to properly determine whether this is a one way street. Just don't have the time or inclination to list them all. In any case, my belief is that the current guidelines will change more than once before settling into some sort of system we can all live with. Or not live with… |
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Bedrock Of The Community
United States
10588 Posts |
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Anyone who thinks that this is a one way street has not been paying attention to the last 10 years, whether deliberately or not. BIG blinders needed for that one…… |
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Valued Member
United States
464 Posts |
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The term "Taco trade" was originated by a financial writer either Business Daily, or Bloomberg or someone of that ilk. It was used to explain a trading strategy where certain traders would buy on an announced tariff. They would then sell on the news of an extension, or delay or abrogation such that the market "bounced back". These traders made millions on the China tariff announcements and subsequent delays. Remember 90% tariffs? A clever financial writer picked up on this and wrote the article terming the strategy "The Taco Trade" This was news about a month or two ago. I think that right now is as good as it gets. As you stated in an much earlier post "let's check in later this summer to see how it all works out", well now we see. m |
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Replies: 96 / Views: 10,577 |
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