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.
President Trump's recent 90-day suspension of tariffs might seem like good news, but experts warn consumers will still face significant price hikes on various goods. From electronics to clothing, here's how your wallet will feel the pinch.
President Trump's decision to impose a 25% tax on steel and aluminium imports into the US is set to impact consumer prices on everyday goods. Find out how this move could affect the economy and businesses.