Article 6ZN28 Trump tariffs: global parcel shipments to US lose exemption

Trump tariffs: global parcel shipments to US lose exemption

by
Reuters
from Economics | The Guardian on (#6ZN28)

Customs agency starts collecting full duties on Friday as Donald Trump ends de minimis exemption for packages worth under $800

The US tariff exemption for package shipments valued under $800 officially ended on Friday, raising costs and disrupting supply chain models for a range of businesses, with Trump administration officials saying the change would be permanent.

There is now a six-month transition period under which postal service shippers can opt to pay a flat duty of $80-$200 per package depending on the country of origin, the officials added.

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