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Global mail carriers suspend U.S. deliveries amid confusion over new duties
Postal services in Britain, France, Germany and elsewhere said they would stop shipping parcels to the U.S. ahead of the end of a trade loophole known as de minimis.
Link to tweet
https://www.nbcconnecticut.com/news/national-international/global-mail-carriers-suspend-us-deliveries-tariffs/3629560/
Postal services across the world are halting shipments to the United States this week amid mounting confusion over new import duties that will apply to parcels starting Friday.
President Donald Trump signed an executive order last month abolishing the trade loophole known as “de minimis,” which since 2016 had allowed goods worth up to $800 to enter the U.S. duty-free.
The end of the exemption is being extended worldwide after the loophole was closed in May for packages from mainland China and Hong Kong.
Under the new rules, personal gifts worth less than $100 will still be duty-free, but all other packages will face the same tariffs as standard imports from their country of origin.
President Donald Trump signed an executive order last month abolishing the trade loophole known as “de minimis,” which since 2016 had allowed goods worth up to $800 to enter the U.S. duty-free.
The end of the exemption is being extended worldwide after the loophole was closed in May for packages from mainland China and Hong Kong.
Under the new rules, personal gifts worth less than $100 will still be duty-free, but all other packages will face the same tariffs as standard imports from their country of origin.
1 replies
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