Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

Tesla supplier CATL has potential beyond just batteries, analysts say

July 13, 2025

Trump tariff surprise delivery fees

July 13, 2025

Marc’s Guide to Mastering Earnings Season

July 13, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Smart SpendingSmart Spending
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
Smart SpendingSmart Spending
Home»Finance News»Trump tariff surprise delivery fees
Finance News

Trump tariff surprise delivery fees

July 13, 2025No Comments5 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Trump tariff surprise delivery fees
Share
Facebook Twitter LinkedIn Pinterest Email

As President Donald Trump continues to set aggressive new tariff rates on imports, U.S. consumers are feeling the effects on their wallets.

Tariffs are taxes on imported goods paid by the entity importing those products. Businesses often pass the cost of tariffs along to consumers through higher prices.

Sometimes, it’s not so subtle.

In June, Dave Yeske, a certified financial planner in San Francisco, California, bought a side table from a seller in Mexico through an online marketplace for antiques. Before UPS would deliver the disassembled table in July, the delivery company required Yeske and his wife to pay about $585 in U.S. Customs and Border Protection fees for each of the two boxes — around $1,170 in all, on a side table that already cost roughly $1,980.

“We were very disappointed,” said Yeske, who is the managing director of Yeske Buie, a wealth management firm in San Francisco, California. “We know that tariffs show in prices no matter what, but this was like the most explicit thing imaginable.”

More from Personal Finance:
Trump’s ‘big beautiful bill’ slashes CFPB funding
78% say Trump’s tariffs will make it harder to deal with debt
Tax changes under Trump’s ‘big beautiful bill’ — in one chart

Assessed fees are set by the U.S. government, and not by the carrier, according to a UPS spokesperson. Those fees depend on the value of the product and its origin.

When UPS brings in a shipment into the U.S., the delivery company becomes the importer of record, meaning the company is responsible for the duties, taxes and fees associated with the delivery. The retailer can choose to pay the fees, or pass the cost on to the end consumer, the spokesperson said.

See also  A Financial Advisor’s Guide To Eliminating Credit Card Debt

Yeske’s experience is not uncommon. After Trump’s first round of tariffs were implemented this spring, consumers began reporting that they received payment requests from carrier companies after a purchase in order to receive their shipments. Experts also warned of scams mimicking those legitimate requests.

While consumers have long faced duties, taxes and fees on imported purchases, Trump’s tariffs are exacerbating the issue, according to Bernie Hart, vice president of customs of Flexport, a logistics firm.

“In today’s world, the dollar amount is too big to not pass it on or to not look for recovery,” he said.

If you plan to order products from overseas, here’s what to keep in mind, according to experts.

How tariffs make costs rise

‘All the hallmarks of legitimacy’

How levies materialize in online orders will depend on where the product is being shipped from, said Bernie Hart, vice president of customs of Flexport, a logistics firm.

If you order a product and it’s already in a warehouse or distribution center in the U.S., you will probably not get hit with import-related duties, taxes or fees, said Hart.

“It’s just when you order internationally, and you don’t really know this when you’re on a website,” he said. 

If the product is coming from abroad and you do get hit with a tariff payment request, it might be real. As noted above, the U.S. Customs and Border Protection will sometimes charge consumers a processing fee in order to release an imported good.

However, scammers are also aware that many consumers are unfamiliar with the ever-changing landscape of tariffs, and will use it to their advantage, experts say. Fraud attempts may appear in the form of a “tariff payment request” text or email claiming to be from a retailer, delivery company or a government agency.

See also  Holiday shoppers plan to spend more while taking on debt this season

In Yeske’s experience, he said he had “all of the hallmarks of legitimacy,” with the request coming from a UPS delivery driver who routinely made deliveries to his apartment building.

“I had to make the checks out to UPS, so this is not a scammer,” he said. “It was a check made out to UPS given to a UPS delivery driver who had actually delivered a UPS box.”

‘Start with a suspicious state of mind’

If you receive an email or text message that says your upcoming delivery requires a tariff payment before it arrives, “start with a suspicious state of mind,” CFP Yeske said. 

“Taking a beat, taking a breath to figure this out is not going to be a problem,” he said.

Instead of immediately paying the charge, make sure the payment request is real and is coming from a legitimate company or delivery service, he said. 

For instance, instead of clicking through any links the sender provided, go to the company’s website or call the entity’s verified number to corroborate the charge.

You can also check if the request includes the form 7501, an official government document detailing the import, said Hart.

If you realize it is a legit charge, “you could just refuse delivery,” Yeske said, but “you’re then going to have to recover the original cost of the product, which is maybe the tricky part.”

Hart said that in that scenario, you’re going to encounter the seller’s return policy, on top of the carrier looking for their reimbursement as well.

“You really need to understand what that return policy is and what your liability is in that,” he said. You may or may not get all your money back. Some returns can incur a restocking fee, return shipping fee or other logistics costs. 

See also  Is Bribery Still A Crime Under The Trump Justice Department?

“Those costs can be substantial,” Hart said.

Source link

delivery fees Surprise Tariff Trump
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleMarc’s Guide to Mastering Earnings Season
Next Article Tesla supplier CATL has potential beyond just batteries, analysts say

Related Posts

Tesla supplier CATL has potential beyond just batteries, analysts say

July 13, 2025

Vanguard, BlackRock deliver market plays for 2025’s second half

July 13, 2025

Trump tariff effects on back-to-school shopping for 2025

July 13, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Savings APYs are still high. Here’s how you can take advantage

March 18, 2025

How Credit Unions Are Helping

April 9, 2025

Citadel’s Ken Griffin says playing defense almost always guarantees losses

June 16, 2025
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

Tesla supplier CATL has potential beyond just batteries, analysts say

July 13, 2025

Trump tariff surprise delivery fees

July 13, 2025

Marc’s Guide to Mastering Earnings Season

July 13, 2025
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2025 Smartspending.ai - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.