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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.
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Soy Aire on MSNU.S. Suspends 'De Minimis' Exemption: A New Era in Trade PolicyThe 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The de minimis exemption, which had already been repealed for goods from China, will be repealed globally on August 29, adding duties to all imports.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 ...
Since returning to the US presidency, Donald Trump has announced global tariffs, before putting a pause on them in order to negotiate advantageous trade deals ...
The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing ...
US shoppers who buy low-cost items from overseas will face higher fees from the end of August after President Donald Trump ...
Many have wondered how Temu stays in business. Not only does the online discount retailer manage to offer some shockingly low ...
He also imposed a tariff of 50% on more than half of America’s imports from Brazil, complaining the country was persecuting ...
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