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President Donald Trump has suspended a tax perk for all countries, which allowed cheap packages to flow into the country duty-free and American consumers to shop at ultra-low-priced e-commerce sites.
UPS recently reported underwhelming earnings numbers, and things could get worse for its business in the near future.
The suspension of the 'de minimis' exemption by President Trump marks a significant shift in U.S. trade policy, impacting ...
The U.S. will end duty-free treatment for low-value imports globally, shaking up cross-border e-commerce and targeting trade ...
The de minimis exemption, which had already been repealed for goods from China, will be repealed globally on August 29, adding duties to all imports.
Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed ...
US shoppers who buy low-cost items from overseas will face higher fees from the end of August after President Donald Trump ...
Trump also signed an order saying that government now had the systems in place to close the tariff loophole on “de minimis” ...
After several delays, President Trump's tariffs take effect on Aug. 1, with new rates announced hours before ...
President Donald Trump announced on Thursday steep tariffs on exports from dozens of U.S. trade partners that have not ...
Shipments valued under $800 from all countries will now be tariffed after an executive order from the White House.
Following an executive order issued in May, which ended the de minimis exemption—allowing shipments under $800 sent from China and Hong Kong to the U.S. to not be subject to tariffs, the White House ...