All articles tagged with #de minimis
The US's removal of the de minimis tariff exemption for low-value parcels has caused an over 80% drop in postal traffic to the US, disrupting global postal services and raising concerns about operational challenges and compliance issues among international postal operators.
Lululemon warns that the end of the de minimis exemption and higher tariffs will significantly impact its margins, leading to a $240 million hit this year and causing the company to cut its earnings and revenue outlook.
The end of the de minimis exemption in the US has led to increased import duties on low-cost goods, causing delays and cancellations for consumers, shippers, and small businesses both domestically and internationally.
The end of the de minimis exemption, which allowed duty-free imports up to $800, is leading to higher costs for American consumers, especially for goods from China, and is expected to impact spending habits and increase tariffs revenue, while also posing logistical challenges for the government.
The end of the US de minimis exemption, which allowed packages under $800 to be shipped tariff-free, is expected to increase costs and shipping delays for small businesses and consumers, especially affecting lower-income Americans and international small sellers, while major retailers remain unaffected.
The US has ended the 'de minimis' exemption, which allowed low-value parcels (up to $800) to be shipped into the country without tariffs, citing concerns over evasion of duties and illegal activities. This change, signed into effect by President Trump, aims to increase tariff revenue and restrict the flow of illegal goods, with a transition period allowing shippers to adjust.
The end of the 'de minimis' exemption on postal shipments under $800 has led to new tariffs on millions of packages, causing international carriers to suspend services to the U.S. and raising concerns about increased costs for consumers and small businesses, as the government aims to boost tariff revenue and curb illegal imports.
The U.S. has ended the 'de minimis' exemption, which allowed small packages under $800 to enter tariff-free, leading to increased tariffs on small shipments and potential impacts on consumers and international trade. The change aims to prevent smuggling and ensure fair competition for American businesses.
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.
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.
The US is ending its nearly century-old de minimis trade exemption, which allowed small-value imports to bypass tariffs and inspections, due to concerns over safety, unfair advantages to foreign companies, and trade deficits. Starting Friday, all US-bound shipments will be subject to duties and tariffs, leading to disruptions in international shipping and potential benefits for consumer safety and fair trade, but also causing delays and adjustments in global logistics.
The U.S. de minimis tariff exemption for goods valued at $800 or less is ending following an executive order by President Trump, leading to increased shipping restrictions and potential impacts on major retailers and importers, with some countries suspending shipments to the U.S. due to new compliance and duty collection concerns.
Many countries have suspended or limited postal services to the US due to new tariffs introduced after the removal of the de minimis exemption by the Trump administration, which previously allowed packages under $800 to be shipped duty-free. This change has increased shipping costs and caused disruptions in international mail services, with services suspended indefinitely until new systems are developed to handle the tariffs.
The end of the de minimis exemption for imports valued at $800 or less into the US, effective Friday, is causing shipping delays and potential price increases as many international carriers pause or restrict shipments, impacting consumers and businesses.
European postal agencies are pausing or restricting shipments to the U.S. due to the end of the de minimis tariff exemption, which could disrupt small-package commerce and affect millions of packages, especially impacting retailers like Shein and Temu.