End of 'De Minimis' Tariff Exemption Sparks Changes in Online Shopping

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Source: Reuters
End of 'De Minimis' Tariff Exemption Sparks Changes in Online Shopping
Photo: Reuters
TL;DR Summary

The US has permanently ended the de minimis exemption for package shipments valued under $800, requiring full duties on all global parcels starting Friday, with a transition period for flat-rate duties. This move aims to increase tariff revenue and curb illegal imports like fentanyl, affecting e-commerce and international shipping.

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