The continuing trade war between the United States and China is going to have severe consequences for American sales of dinosaur toys and models. On April 7th, Everything Dinosaur announced that the company would be suspending sales to the USA due to the on-going uncertainties with regards to the level of tariffs likely to be incurred by sales to the USA. This decision was taken in response to an Executive Order (14256), that removed the de minimis threshold of $800 USD for all parcels entering the USA containing goods with China/Hong Kong as the country of origin.
To read about Everything Dinosaur’s decision to suspend sales to the USA: An Important Announcement from Everything Dinosaur (Tariffs).
Everything Dinosaur helping to update customers about changes to U.S. tariffs. Picture credit: Everything Dinosaur.
Picture credit: Everything Dinosaur
New Tariffs on Dinosaur Models and Toys
The original Executive Order published April 2nd (14256) confirmed the removal of the de minimis threshold of $800 USD on all parcels entering the USA containing goods with China/Hong Kong stated as the country of origin. These new tariffs were to come into force at 12:01 am EST on May 2nd.
The rates set were:
- 30% tariff on each parcel
OR
- a payment of $25 USD per item from 12:01 am EST on May 2nd rising to $50 USD per item from 12:01 am EST on June 1st.
Therefore, a parcel containing 1 dinosaur model of Chinese origin that costed the equivalent of $30 USD to purchase (including shipping into the USA) would from midnight on May 2nd cost $55. This is calculated by adding the $25 USD tariff to the original price of the item with shipping $30 USD, a total of $55 USD.
Executive Order 14259
There has been a flurry of executive orders. It is difficult for us and our customers to keep up with all the developments. Another Executive Order (14259) was published on April 8th. It increased the level of tariffs to be imposed.
This Executive Order 14259 stated:
- The rate of duty set forth in section 2(c)(i) of Executive Order 14256 from 30 percent to 90 percent (ad valorem).
- Increase the per postal item containing goods duty in section 2(c)(ii) of Executive Order 14256 that is in effect on or after 12:01 am EST on May 2, 2025, and before 12:01 am EST on June 1, 2025, from $25 USD to $75.
- Increase the per postal item containing goods duty in section 2(c)(ii) of Executive Order 14256 that is in effect on or after 12:01 am EST on June 1, 2025, from $50 USD to $150 USD
Based on our understanding, these amended tariffs would mean that for a dinosaur model costing $30 USD the price would increase to $105 USD from May 2nd. On June 1st, this item would rise in price to $180 USD.
Committed to Helping Customers
The company remained committed to trying to help American customers. Team members were doing all they could to prevent parcel’s destined for the USA being held indefinitely. In addition, work was on-going to find ways to reduce any price increases for American collectors and model fans.
Mike from Everything Dinosaur commented:
“Things are very much up in the air at the moment. We are still scheduled to suspend all sales in the USA from noon [12 noon BST (7 am EST) Tuesday 15th April]. However, we continue to collaborate with international carriers, the United States Postal service and other key parties to find a solution for our American customers.”
Everything Dinosaur – a leading supplier of dinosaur toys and models is working hard to help American customers. Picture credit: Everything Dinosaur.
Picture credit: Everything Dinosaur
Mike added that they would continue to work towards a sustainable solution and that they would be posting updates on social media.
Visit the award-winning Everything Dinosaur website: Dinosaur Models and Toys.
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