U.S. Ends 'De Minimis' Exemption, Triggering New Tariffs and Shipping Disruptions

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Source: Axios
U.S. Ends 'De Minimis' Exemption, Triggering New Tariffs and Shipping Disruptions
Photo: Axios
TL;DR

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.

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