US Tariff Changes Signal Major Impact on Global Shipping and Shopping
TL;DR Summary
The US has ended its long-standing de minimis tariff exemption, which allowed duty-free imports valued at $800 or less, leading to increased customs checks, higher costs for importers, potential price hikes for consumers, and reduced variety of goods available online, especially impacting small businesses and international shipments.
- De minimis: How US shoppers will be hit as the tariff exemption ends BBC
- 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
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