Page 18 - Import Tariffs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

New Delhi [India], February 14 (ANI/SRV): Lalru is one of the most promising identified Red Zones in Punjab and is being promoted actively by the Government as the next Industrial hub. The CM has reiterated time and again that it is his commitment to ensure that a New Industrial Revolution is ushered through Punjab and Lalru. The Chief Minister said that uninterrupted power, corruption free administration, supportive government machinery, pool of skilled labor coupled with pro industrial policies of the state government will further give a boost to industrial development in Lalru. The Punjab I...

I like explaining vestiaire as literally a microcosm of how terrible brexit has been for both europe and the uk. if you think about it from a pure economics perspective before brexit, in the uk, only around 20—25% before brexit, in the uk, only around 20—25% of products being bought by english buyers were bought from english sellers. the rest would come from europe. and the logic behind that is that uk was part of the bigger european ecosystem and part of the bigger supply and demand. and with brexit, overnight, when brexit happened, a lot of focus was on the import tariffs. but with brexi...

But in the last 6—10 weeks, months, with the inflation unfolding, american interest rates going up faster, obviously the euro got much weaker, as is the dollar. so we had a huge amount of american buyers, arbitrage being european prices as being much cheaper. and us sellers, despite us buyers not having to pay shipping fees, not having to pay import tariffs, it was cheaper for them to buy in europe. you're a business, obviously. how do you make your money? we take a cut. so, we take a 15% cut, on average, plus a 3% payment fee — so 18%... of the sale price? ..of every single product that's...

By english buyers were bought from english sellers. the rest would come from europe. and the logic behind that is that uk was part of the bigger european ecosystem and part of the bigger supply and demand. and with brexit, overnight, when brexit happened, a lot of focus was on the import tariffs. but with brexit overnight on every single product being bought and sold in europe from the uk and vice versa had a vat mark—up of up to 20%. wow. so, for every uk buyer, every european product being sold was 20% more expensive and vice versa. so literally overnight, all the products became 20% more ...

Of american buyers, arbitrage being european prices as being much cheaper. and us sellers, despite us buyers not having to pay shipping fees, not having to pay import tariffs, it was cheaper for them to buy in europe. you're a business, obviously. how do you make your money? we take a cut. so, we take a 15% cut, on average, plus a 3% payment fee — so 18%. .. of the sale price? ..of every single product that's being sold on the platform. how do you police the authenticity of of the goods that you sell? this is the core and the heart of our business, how we've differentiated ourselves to ebay,...