US Ends Duty-Free and Tariff Exemptions for Small Parcels Amid E-Commerce Growth

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Source: Bloomberg.com
US Ends Duty-Free and Tariff Exemptions for Small Parcels Amid E-Commerce Growth
Photo: Bloomberg.com
TL;DR Summary

The US has ended its longstanding duty-free parcel exemption for small imports, primarily affecting Chinese goods, which has increased costs for consumers and businesses, disrupted global e-commerce, and raised significant revenue for the US government, while also prompting international regulatory and postal adjustments.

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