End of De Minimis Exemption Sparks Higher Costs and Shipping Delays

1 min read
Source: Bloomberg.com
End of De Minimis Exemption Sparks Higher Costs and Shipping Delays
Photo: Bloomberg.com
TL;DR

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.

Share this article

Want the full story? Read the original reporting

Read on Bloomberg.com