Tag Archives: lowvalue

US ends tariff exemption for all low-value packages  ReutersView Full Coverage on Google News Source link

President Trump on Wednesday signed an executive order suspending what’s known as a de minimis exemption allowing low-value parcels that are shipped to the United States to avoid tariffs.  The White House said it’s closing what it called a “catastrophic loophole” that shippers use to “evade tariffs and funnel deadly synthetic opioids or below-market products” into the U.S. The order …