The U.S. has ended tariff exemptions for parcel imports, impacting consumers and e-commerce businesses. Learn how this change may lead to higher costs and supply chain challenges as the nation enforces new duty rates.
The end of the de minimis exemption, a provision allowing duty-free imports under $800, is reshaping global trade. Businesses brace for increased tariffs and consumers may face higher prices on everyday goods.
In a sweeping change, the Trump administration has terminated the de minimis exemption, impacting low-value parcel shipments to the U.S. This move aims to curb tariff evasion and combat the influx of dangerous goods. Retailers like Shein and Temu are scrambling to adapt to the new rules.
The US has ended a crucial tariff exemption that allowed low-cost imports, impacting millions of shipments daily. Experts warn of rising prices and reduced options for American shoppers as businesses scramble to adapt.
President Trump has unveiled a significant trade agreement with the EU, imposing a 15% tariff on imports, a major shift from previous negotiations. This deal aims to stabilize business amidst ongoing trade tensions.
In a move that could shake markets, Treasury Secretary Scott Bessent announced that steep tariffs will resume on August 1 unless countries negotiate better terms. President Trump is sending letters to trading partners, urging swift action.
The retail industry is relieved about the new 20% tariff on Vietnamese imports but fears it may still hurt consumer spending. Executives are concerned about the impact of price hikes on their businesses and customers.
US President Donald Trump has threatened Japan with a potential 30-35% tariff if a trade deal isn't reached by next week. With rising tensions and a looming deadline, what could this mean for both economies?
As the U.S. braces for a crucial inflation report, concerns mount over President Trump's tariffs and their potential to raise consumer prices. Major retailers like Walmart are hinting at unavoidable price hikes, signaling a shift in economic sentiment.
President Trump is ready to announce a significant trade agreement with the UK, marking a pivotal moment in US-UK relations. Despite ongoing negotiations, this deal aims to cement a long-term alliance and economic collaboration.
