High Tariffs Become 'Real' For Adafruit - With Their First $36K Bill Just For Import Duties (adafruit.com)
- Reference: 0177421135
- News link: https://yro.slashdot.org/story/25/05/10/0715216/high-tariffs-become-real-for-adafruit---with-their-first-36k-bill-just-for-import-duties
- Source link: https://blog.adafruit.com/2025/05/08/high-tariffs-become-real-with-our-first-36k-bill/
He stopped by Thursday to share [2]what happened after a large portion of a recent import was subjected to a 125% +20% +25% import markup ...
> We're no stranger to tariff bills, although they have definitely ramped up over the last two months. However, this is our first "big bill"... Unlike other taxes like sales tax where we collect on behalf of the state and then submit it back at the end of the month — or income taxes, where we only pay if we are profitable — tariff taxes are paid before we sell any of the products. And they're due within a week of receipt, which has a big impact on cash flow.
>
> In this particular case, we're buying from a vendor, not a factory, so we can't second-source the items. (And these particular products we couldn't manufacture ourselves even if we wanted to, since the vendor has well-deserved IP protections). And the products were booked & manufactured many months ago, before the tariffs were in place.
>
> Since they are electronics products/components, there's a chance we may be able to request reclassification on some items to avoid the 125% "reciprocal" tariff, but there's no assurance that it will succeed, and even if it does, it is many, many months until we could see a refund.
>
> We'll have to increase the prices on some of these products. But we're not sure if people will be willing to pay the higher cost, so we may well be "stuck" with unsellable inventory — that we have already paid a large fee on...
Their [3]blog post even includes a photo of the DHL customs invoice with the five-digit duty fee...
Share your own stories and experiences in the comments. Any other Slashdot readers being affected by the new U.S. tariffs?
[1] https://www.slashdot.org/~ptorrone
[2] https://blog.adafruit.com/2025/05/08/high-tariffs-become-real-with-our-first-36k-bill/
[3] https://blog.adafruit.com/2025/05/08/high-tariffs-become-real-with-our-first-36k-bill/
Is that how maga is coping? (Score:2)
A few months ago you were telling us China was going to pay the tariffs and now suddenly you've become anti-consumer hippies.
I realize there is absolutely nothing more pointless than pointing out hypocrisy in the right wing. The right wing is intellectually and physiologically incapable of experiencing the emotion of hypocrisy.
But damn boy you tied yourself up in one hell of a knot there to keep backing dear leader...
Don't Pay It. Problem Solved. (Score:1)
As an American occupier, I ask that you boycott us and nuke Washington DC. That is all. We might take care of the rest.
I thought China paid those tarrifs! (Score:4, Informative)
Trump bad for business? After six business bankruptcies, who could have predicted that?
National sales tax (Score:2)
Trump is repeatedly tried to sell the idea of eliminating income tax using tariffs, basically a national sales tax did he can implement without congress's authority.
If you have less than $10 million in the bank (not your 401k or your house in the actual bank as liquid cash) then this would effectively double your taxes.
It basically takes all the taxes we've managed to get the 1% to pay, which is a large number even if it's a low percentage of their wealth, and it shifts that burden on to you.
And
relocate outside the US (Score:3)
e.g. move to Europe and start building a new customer base there.
Re: relocate outside the US (Score:2)
This is the way and what smart people will be doing
Re: (Score:2)
"Why should I change my name? He's the one who sucks."