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E.U. imposes $4 billion in tariffs on U.S. products (including consoles)

Lidl

Lidl

Member
Dec 12, 2017
2,568
"The European Union on Monday announced plans to impose $4 billion in tariffs on U.S. goods, continuing a trade war fanned by the Trump administration even while expressing hope for better relations once President-elect Joe Biden takes office.

The list includes a 15 percent tariff on Boeing airplanes and a 25 percent tariff on a sweep of products including tractors, frozen shellfish, gin, suitcases, video game consoles, cotton and salmon."

This will probably only affect Xboxes?

Lidl said:
I am having a hard time to find more details about this.
However it seems like the tariffs for US game video game consoles (whatever that may be) were 0% so far:
Product codes 95045000 and 95049080
As of Nov 7th the tariffs were 0%

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Welcome to Access2Markets, the new portal for EU exporters and importers!
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Welcome to Access2Markets to Market Access Database users | Access2Markets

Welcome to Access2Markets, the new portal for EU exporters and importers!
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poklane

poklane

Member
Oct 25, 2017
27,900
the Netherlands
As long as the console isn't manufactured in the US I don't see why it would affect them? And isn't the amount of consoles manufactured in the US effectively 0 because it's way cheaper in various Asian countries?
 
Karlinel

Karlinel

Prophet of Truth
Banned
Nov 10, 2017
7,826
Mallorca, Spain
Probably won't come into effect until Biden is sworn in, so he can barter a decent deal.
The EU prides itself in our merchant acumen so a deal is always the goal.
 
Kouriozan

Kouriozan

Member
Oct 25, 2017
21,073
Europe already get f*cked with $ to € conversion, this is just cherry on cake at this point.
 
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entremet

entremet

You wouldn't toast a NES cartridge
Member
Oct 26, 2017
60,010
Lidl said:
"The European Union on Monday announced plans to impose $4 billion in tariffs on U.S. goods, continuing a trade war fanned by the Trump administration even while expressing hope for better relations once President-elect Joe Biden takes office.

The list includes a 15 percent tariff on Boeing airplanes and a 25 percent tariff on a sweep of products including tractors, frozen shellfish, gin, suitcases, video game consoles, cotton and salmon."

This will probably only affect Xboxes?
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Correct.
 
kami_sama

kami_sama

Member
Oct 26, 2017
6,998
I don't really know what consoles they are thinking about.
All are manufactured in China after all, aren't they?
 
Astandahl

Astandahl

Member
Oct 28, 2017
9,009
Lmao... These idiots (and i don't care about console price. They won't be affected by this).
 

Skeff

Member
Oct 29, 2017
1,628
If this affects xbox and not PS than EU will be even more Sony land however I dont expect either console will be subject to this. Probably all classes as coming from manufacturing plant in Asia I guess?
 
AndyD

AndyD

Mambo Number PS5
Member
Oct 27, 2017
8,602
Nashville
poklane said:
As long as the console isn't manufactured in the US I don't see why it would affect them? And isn't the amount of consoles manufactured in the US effectively 0 because it's way cheaper in various Asian countries?
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Does it affect games? THough I don't imagine any games are printed here either.
 
Nephtes

Nephtes

Member
Oct 27, 2017
4,547
Do they consider Xboxes as a US export since Microsoft is a US company maybe?
I mean they're manufactured in Mexico for the most part, right?

But technically it's a US product?
 
Cokesouls

Cokesouls

One Winged Slayer
Member
Oct 28, 2017
1,350
Are we really going back to the old days? Europe gets shafted 24/7? Fucks sake.
 
Dyle

Dyle

One Winged Slayer
The Fallen
Oct 25, 2017
29,915
Maybe this would have an impact on Playdate and the Amico? Can't imagine it directly affecting anything else
 
NineTailSage

NineTailSage

Member
Jan 26, 2020
1,449
Hidden Leaf
poklane said:
As long as the console isn't manufactured in the US I don't see why it would affect them? And isn't the amount of consoles manufactured in the US effectively 0 because it's way cheaper in various Asian countries?
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It's still considered an American product though.
Companies are known for finding or creating a shell company to use the same innards of the product and slap a different shell on the outside. We saw this a lot in the past with cars being sold in different countries, hell even Nintendo made the iQue to sell in China which was their version of N64.
 

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Oct 25, 2017
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OP
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Lidl

Lidl

Member
Dec 12, 2017
2,568
I am having a hard time to find more details about this.
However it seems like the tariffs for US game video game consoles (whatever that may be) were 0% so far:
Product codes 95045000 and 95049080
As of Nov 7th the tariffs were 0%

Welcome to Access2Markets to Market Access Database users | Access2Markets

Welcome to Access2Markets, the new portal for EU exporters and importers!
madb.europa.eu madb.europa.eu

Welcome to Access2Markets to Market Access Database users | Access2Markets

Welcome to Access2Markets, the new portal for EU exporters and importers!
madb.europa.eu madb.europa.eu
 
OP
OP
Lidl

Lidl

Member
Dec 12, 2017
2,568
poklane said:
As long as the console isn't manufactured in the US I don't see why it would affect them? And isn't the amount of consoles manufactured in the US effectively 0 because it's way cheaper in various Asian countries?
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But which "video game consoles and machines", quoting the above document, are there that are also assembled in the US of A?`
entremet said:
Correct.
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Without more details I'd assume so as well.
 
Jtrizzy

Jtrizzy

Member
Nov 13, 2017
619
I work for a French wine importer, we have been getting killed by the trade war over Airbus/Boeing for the last year. Praying that Biden will end all of this ASAP.
 
jfkgoblue

jfkgoblue

Banned
Oct 27, 2017
5,650
SilverX said:
It is owned by Sony Corporation, a Japanese company. Can something like a PS5 be considered a U.S. good when SIE is just a branch of Sony?
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SIE is not "just a branch of Sony", it's an entire company wholly owned by Sony Corp. So while the parent company(Sony) is a Japanese company, SIE is a company located in California.
entremet said:
Subsidiary, though.
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Yes, but Tencent owns like 45% of Epic and we don't consider Epic to be a half Chinese company. But in all honesty I'm pretty sure where the company is based out of matters for these things, not where the parent Corp is located, but I obviously could be wrong.
Shifty360 said:
Sweet, Sony is Japanese so not worried.
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Sony is, PlayStation is not.
mnz said:
What does "winning" even mean here? It's an answer to Trump's tariffs.
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No one really "wins" it just is losing to different degrees
 
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