Quote:
Originally Posted by RogerWilco
That's not how Tariffs work. No one will be paying the 25% to you. It gets billed directly to the buyer by the federal government after crossing the border. Pretty much the same result but the only control you would have would to give customers a discount that would offset the terrif.
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Either the importer or exporter have to clear the shipment at customs via a customs brokerage (like one of these
https://www.cbsa-asfc.gc.ca/services...cb-cd-eng.html). Whoever is clearing the shipment handles all the associated duties, taxes or fees.
For customers where we handle the shipment for them, yes we get billed the tariff. We will pass that along via invoice.
For customers who handle the shipments on their own, they would get billed the tariff direct.
This is simplified, as there are various INCO terms agreed to between parties.
Goods will become more expensive for the US consumer; and Canadian firms will likely lose business to US competitors. When Canada implements retaliatory tariffs, the Canadian consumer will be affected.
Everyone with half a brain agrees tariffs are ####ing dumb. Yet, here we are.