restamp

For an iPhone headed for the China market, customs officials use an electronic system to virtually stamp the goods as “exports” and then restamp them as “imports.”

Retailers not only will have to restamp many price tags but will have to recheck their inventories to determine when the goods arrived in their stores and whether they are entitled to refunds from wholesalers.

The figure is taken from the process of melting down coins in order to restamp them.