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Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed ...
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.
The de minimis exemption, which had already been repealed for goods from China, will be repealed globally on August 29, adding duties to all imports.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-cost products have long been exempt from high tariffs but, as the "de minimis" tariff exemption is slated to be axed at ...
The U.S. will end duty-free treatment for low-value imports globally, shaking up cross-border e-commerce and targeting trade ...
The suspension of the 'de minimis' exemption by President Trump marks a significant shift in U.S. trade policy, impacting ...
UPS recently reported underwhelming earnings numbers, and things could get worse for its business in the near future.
(Reuters) -U.S. President Donald Trump on Wednesday issued a blitz of tariff announcements ranging from changes to previously ...
Prime Minister Mark Carney said on Wednesday that Canada’s negotiations with the United States might not conclude by Donald ...
The Trump administration is launching a new private health tracking system that asks Americans to share their personal health ...
US President Donald Trump has announced a 35% tariff on Canada from 1 August. He also announced new tariff rates for dozens of countries that will come into effect on 7 August. Since returning to ...
However, US President Donald Trump in April launched a trade war with China, which sent shockwaves through the global economy. Tariffs on Chinese goods reached 145 percent, with China responding with ...