End of De Minimis Exemption Sparks Higher Costs and Shipping Delays
TL;DR Summary
The US has ended its long-standing de minimis exemption, which allowed small packages from abroad to enter duty-free, leading to higher prices and shipping delays for consumers, especially affecting low-income households and online retailers like Shein and Temu, and causing supply chain disruptions and increased costs for importers.
- Why End of De Minimis Tariff Exemption Risks Higher Prices, Shipping Delays Bloomberg.com
- End of an era: Billions of packages of ‘cheap’ goods shipped to the US are now subject to steep tariffs CNN
- Retail panic: What the end of the 'de minimis' exemption means for brands across the globe CNBC
- When Mailing a Letter to the U.S. Becomes a Global Headache The New York Times
- U.S. shoppers' orders canceled as world shuts down some American-bound shipments NBC News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
8 min
vs 9 min read
Condensed
97%
1,669 → 48 words
Want the full story? Read the original article
Read on Bloomberg.com