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The US government has ended the 'de minimis' exemption, which allowed packages valued under $800 to enter the country duty-free, sparking uncertainty over potential price hikes for consumers and disruptions for businesses globally

Reuters

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87,999 次观看 • 11 个月前 •via X (Twitter)

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Americans are no longer able to import cheap foreign goods tariff-free. The Trump administration ended the de minimis exemption for all countries on Friday, which allowed packages valued under $800 to enter the U.S. with no import tax. In 2024, there were nearly 4 million such packages a day. amna discussed the latest with Clark Packard, a trade expert at the libertarian Cato Institute.

Americans are no longer able to import cheap foreign goods tariff-free. The Trump administration ended the de minimis exemption for all countries on Friday, which allowed packages valued under $800 to enter the U.S. with no import tax. In 2024, there were nearly 4 million such packages a day. amna discussed the latest with Clark Packard, a trade expert at the libertarian Cato Institute.

PBS News

19,128 次观看 • 11 个月前

The US tariff exemption for package shipments valued under $800 ends permanently on Friday, with a six-month transition period under which postal service shippers can opt to pay a flat duty depending on the country of origin

The US tariff exemption for package shipments valued under $800 ends permanently on Friday, with a six-month transition period under which postal service shippers can opt to pay a flat duty depending on the country of origin

Reuters

59,862 次观看 • 11 个月前

Shein swung to a $99 million quarterly loss after the US ended its de minimis duty-free exemption on small packages. Reuters correspondent Selena Li explains what this means for retail shoppers

Shein swung to a $99 million quarterly loss after the US ended its de minimis duty-free exemption on small packages. Reuters correspondent Selena Li explains what this means for retail shoppers

Reuters Business

25,541 次观看 • 19 天前

The US ended duty-free imports of packages worth less than $800, raising cost for shippers and consumers; China's military and coast guard conducted patrols in the waters around the disputed Scarborough Shoal, and more. Here are the 5️⃣ stories you need to know today

The US ended duty-free imports of packages worth less than $800, raising cost for shippers and consumers; China's military and coast guard conducted patrols in the waters around the disputed Scarborough Shoal, and more. Here are the 5️⃣ stories you need to know today

Reuters

23,325 次观看 • 11 个月前

Shein swung to a $99 million quarterly loss after the US scrapped its de minimis duty-free exemption on small packages, reversing a $395 million profit a year earlier, its pre-IPO filing showed

Shein swung to a $99 million quarterly loss after the US scrapped its de minimis duty-free exemption on small packages, reversing a $395 million profit a year earlier, its pre-IPO filing showed

Reuters Business

54,977 次观看 • 19 天前

Haitians in South Florida face uncertainty after the Supreme Court cleared the way to end TPS, a program that has allowed them to live and work in the US for decades

Haitians in South Florida face uncertainty after the Supreme Court cleared the way to end TPS, a program that has allowed them to live and work in the US for decades

Reuters

49,959 次观看 • 1 个月前

Antwerp's diamond trade got a boost as the US restored a tariff exemption for polished diamonds, ending months of uncertainty for the Belgian industry

Antwerp's diamond trade got a boost as the US restored a tariff exemption for polished diamonds, ending months of uncertainty for the Belgian industry

Reuters

82,167 次观看 • 22 天前

BIG WIN at the U.S. Court of International Trade. The court just upheld his decision to close the massive “de minimis” loophole. Foreign shippers can no longer send packages under $800 into America completely duty free. The loophole was costing billions and being used by fentanyl traffickers and counterfeiters. Another America First victory!

BIG WIN at the U.S. Court of International Trade. The court just upheld his decision to close the massive “de minimis” loophole. Foreign shippers can no longer send packages under $800 into America completely duty free. The loophole was costing billions and being used by fentanyl traffickers and counterfeiters. Another America First victory!

Commentary Donald J. Trump Posts From Truth Social

115,317 次观看 • 2 天前

🚨🚨BREAKING Everyone missed this! The USA has suspended the "de minimus" exemption for imported goods starting in 5 days!! This means Canadian small businesses will no longer get the $800 exemption, and have to PAY a broker for import!!

🚨🚨BREAKING Everyone missed this! The USA has suspended the "de minimus" exemption for imported goods starting in 5 days!! This means Canadian small businesses will no longer get the $800 exemption, and have to PAY a broker for import!!

Tablesalt 🇨🇦🇺🇸

186,346 次观看 • 11 个月前

Albania's reliance on hydropower and solar energy has shielded consumers from steep electricity price hikes amid the Iran war's impact on global oil and gas markets

Albania's reliance on hydropower and solar energy has shielded consumers from steep electricity price hikes amid the Iran war's impact on global oil and gas markets

Reuters

28,136 次观看 • 3 个月前

Kenya's President William Ruto said his country expects to seal a US trade deal by year-end and that he will press for a five-year extension of the African Growth Opportunity Act, which allows some African nations duty-free exports to the US

Kenya's President William Ruto said his country expects to seal a US trade deal by year-end and that he will press for a five-year extension of the African Growth Opportunity Act, which allows some African nations duty-free exports to the US

Reuters

43,122 次观看 • 10 个月前

Gold surged past $4,000 an ounce for the first time, a rally that analysts attribute to concern over the US government shutdown, political and economic uncertainty around the world, and expectations of further interest rate cuts by the Fed

Gold surged past $4,000 an ounce for the first time, a rally that analysts attribute to concern over the US government shutdown, political and economic uncertainty around the world, and expectations of further interest rate cuts by the Fed

Reuters

33,947 次观看 • 10 个月前

When tariffs were “maybe,” firms waited. The pause is over, and the tariffs are here. Now businesses will be pushed to choose—absorb costs, reprice, or re-source. Expect consumers to really start to see price hikes over the next few months as the fog lifts and invoices arrive.

When tariffs were “maybe,” firms waited. The pause is over, and the tariffs are here. Now businesses will be pushed to choose—absorb costs, reprice, or re-source. Expect consumers to really start to see price hikes over the next few months as the fog lifts and invoices arrive.

Justin Wolfers

58,472 次观看 • 1 年前

Finance Minister Fayval Williams has raised concerns about “order splitting”, a practice in which shoppers divide large online purchases into smaller packages to remain under the US$100 duty-free threshold. Read more: #GLNRToday

Finance Minister Fayval Williams has raised concerns about “order splitting”, a practice in which shoppers divide large online purchases into smaller packages to remain under the US$100 duty-free threshold. Read more: #GLNRToday

Jamaica Gleaner

69,863 次观看 • 4 个月前