Tariffs on raw fur
#6277222
07/11/18 07:30 PM
07/11/18 07:30 PM
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Posts: 2,173 Rochester, MN
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OP
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Does anyone know if Chinese tariffs will be placed on US fur, sold through NAFA or Fur Harvestors in Canada? I haven’t read all the categories the tariffs apply to yet.
Never too old to learn
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Re: Tariffs on raw fur
[Re: Teacher]
#6277243
07/11/18 07:57 PM
07/11/18 07:57 PM
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Joined: Dec 2010
Posts: 34,872 Central, SD
Law Dog
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If we make nice with Russia just imagine what the market would be like maybe!
Was born in a Big City Will die in the Country OK with that!
Jerry Herbst
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Re: Tariffs on raw fur
[Re: Teacher]
#6277247
07/11/18 08:00 PM
07/11/18 08:00 PM
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Joined: Dec 2006
Posts: 29,861 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
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williamsburg ks
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china puts taxes on u.s. fur being imported. it was not really enforced though until a few years ago. I think b.o. had something to do with that through back channels. he hates rural people and doesn't try to hide it
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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Re: Tariffs on raw fur
[Re: Teacher]
#6277253
07/11/18 08:09 PM
07/11/18 08:09 PM
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Joined: Sep 2008
Posts: 6,694 Newark, Ohio 83 years
Actor
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With oil being over $70.00 a barrel, Russia should be getting back into the market.
Garry-
“Don't pick a fight with an old man. If he is too old to fight, he'll just kill you.”
Have been trapping 77 years…
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Re: Tariffs on raw fur
[Re: Teacher]
#6277466
07/12/18 02:02 AM
07/12/18 02:02 AM
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Teepee2, China jailed its dealers for not paying the import tax on raw materials. It could have been cotton or leather or anything else. It’s a Chinese thing to try to skirt taxes no matter what the reasoning behind the taxes. They got caught and sent to prison. NAFA ended up with all sorts of unpaid for fur, and the fur market has been overwhelmed with pelts ever since.
Never too old to learn
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Re: Tariffs on raw fur
[Re: Teacher]
#6282338
07/19/18 02:42 PM
07/19/18 02:42 PM
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Taxes are a (local) govt issue. I’m betting the Chinese tax on raw material imports was less than 10%. This keeps money flowing in and encourages locally produced material use without breaking the bank. Tariffs are a political issue and run 20+ %. They come and go. If the world use of tariffs doesn’t get straightened out soon, the US is going to be awash in cheap whiskey and soybean products, to name a few.
Never too old to learn
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Re: Tariffs on raw fur
[Re: Teacher]
#6304315
08/17/18 08:26 PM
08/17/18 08:26 PM
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Joined: Sep 2008
Posts: 6,694 Newark, Ohio 83 years
Actor
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The entire time I was growing up we had tariffs on darn near everything. There were all sorts of tariffs called luxury tax … from furs, jewelry, cars and about everything else that wasn't a necessity to live. About the only thing I can still think of that wasn't removed is gasoline tax and the government just wastes that.
Garry-
Last edited by Actor; 08/17/18 08:27 PM.
“Don't pick a fight with an old man. If he is too old to fight, he'll just kill you.”
Have been trapping 77 years…
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Re: Tariffs on raw fur
[Re: Teacher]
#6304381
08/17/18 10:22 PM
08/17/18 10:22 PM
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Joined: May 2010
Posts: 10,470 mn north of blakely
Steven 49er
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Taxes are a (local) govt issue. I’m betting the Chinese tax on raw material imports was less than 10%. \ You'd be wrong with that "guess" In the day and age of the Google one doesnt have to "guess". The tax is 20 percent on raw fur so by your definition it's a tariff.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Tariffs on raw fur
[Re: Teacher]
#6304414
08/17/18 11:25 PM
08/17/18 11:25 PM
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Joined: Dec 2010
Posts: 11,179 Armpit, ak
Dirt
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The tax is not 20% on ranch mink raw fur the last time I googled it.
Who is John Galt?
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Re: Tariffs on raw fur
[Re: Steven 49er]
#6304842
08/18/18 02:49 PM
08/18/18 02:49 PM
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Joined: Dec 2010
Posts: 11,179 Armpit, ak
Dirt
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I think ranch mink got a cut to 15 percent. "2018 MFN Interim Import Duty 10%. We got a 11% VAT tax on our exports too. That must be the 30% tax the chinese/us were dodging.
Who is John Galt?
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Re: Tariffs on raw fur
[Re: Teacher]
#6304853
08/18/18 03:17 PM
08/18/18 03:17 PM
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Joined: Dec 2010
Posts: 11,179 Armpit, ak
Dirt
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"Value Added Tax (VAT) is applied to the sum total of the Customs value, the Customs duty, and any excise tax. Russian Customs VAT is levied at the same rates as Russian sales VAT – generally 18% for most goods, works, and services. "
So, say a Chinese buyer buys a $10 coon from NAFA. We add 10% more for NAFA in buyer side commission. 2 bucks or so for shipping and handling fees. Then the Chinese government gets another 30% of that total. The Chinese make some hats and send them to Russia where Putin takes another 18% plus tariff of the new value. It's no wonder the consumer won't buy one. Can't afford it after the government shakedowns.
" 10, but not less30 euro for 1 pieces." Duty on apparrel made out of raccoon.
Last edited by Dirt; 08/18/18 03:36 PM.
Who is John Galt?
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