Showing 4 ideas for tag "imports"
The U.S. economy is awash in non-compliant and/or illegal products shipped to the U.S. The non-compliant or illegal goods damage our economy by directly competing in markets where U.S. manufactured products that are compliant with federal, local and state regulations are sold. The products that enter the U.S. fraudulently are often disguised, mislabeled as compliant, and dangerous. The federal government spends billions... more »
Combine the inspection agencies involved with inspecting food (whether imported or not), products, and other goods such that the providers would pay an inpection fee that starts at a base line of what is expected within certain parameters widely shared. As inspections find substandard quality or unhealthy products, the fees increase to cover every inspection made - including lab results when required. Those that provide... more »
Taxing imported products would bring in an excellent source of income for US coffers. Instead of making it easier for products to be made in foreign countries, make it beneficial for American companies to produce "Made in the USA" products once again. Outsourcing takes jobs and income away from US citizens and gives them to foreigners. All well and good as long as the products we import are being taxed at a rate that... more »
Currently the U.S. is the only country in the world that calculates its import duties based on the FAS value of goods imported. Every other country in the world calculates import duties on the CIF value of goods. The difference between the two is the FAS value is determined at the port of export exclusive of shipping costs while the CIF value calculates duties on the value of the goods plus the cost of shipping. Such... more »