End of De Minimis Exemption Sparks Changes in Cheap Online Shopping
TL;DR
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.
- Does Trump’s tariff on small packages mean no more cheap online shopping? The Guardian
- Retail panic: What the end of the 'de minimis' exemption means for brands across the globe CNBC
- De minimis rule ends, Trump’s tariffs hit small packages Quartz
- A Tariff Loophole on Cheap Imports Has Closed. How Will It Affect Shoppers? The New York Times
- End of an era: Billions of packages of ‘cheap’ goods shipped to the US are now subject to steep tariffs CNN
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Read on The Guardian