Tag Archives: lowvalue

Postal traffic to U.S. sank 80% after Trump administration ended exemption on low-value parcels – MPR News

Postal traffic to U.S. sank 80% after Trump administration ended exemption on low-value parcels – MPR News

Postal traffic to U.S. sank 80% after Trump administration ended exemption on low-value parcels  MPR News Postal traffic to US drops more than 80% after trade exemption rule ends, UN agency says  NPR Postal traffic to US down by over 80% amid tariffs, UN says  DW How the end of the de minimis tariff exemption is causing unexpected fees for K-beauty products  NBC News …

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Postal traffic to U.S. fell 80% after Trump administration stopped exemption on low-value parcels

Postal traffic to U.S. fell 80% after Trump administration stopped exemption on low-value parcels

Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United Nations postal agency said Saturday. The Universal Postal Union says it has started rolling out new measures that can help postal operators around the world calculate and collect duties, or taxes, after the U.S. eliminated the so-called “de …

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Trump suspends de minimis exemption for low-value imports

Trump suspends de minimis exemption for low-value imports

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 …

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