U.S. Ends $800 De Minimis Exemption, Small Businesses Feel the Pinch
U.S. President Trump’s executive order ends the $800 de minimis exemption on Aug 29, so all packages to the U.S. face duties. Small businesses warn of higher costs.
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U.S. President Trump’s executive order ends the $800 de minimis exemption on Aug 29, so all packages to the U.S. face duties. Small businesses warn of higher costs.
Tariffs on imports from the Chinese mainland and beyond are driving up US back-to-school expenses—from crayons to laptops, families face a new ‘school tax’.
Major postal services from India, Korea, Italy and beyond are suspending parcel deliveries to the US as duty-free exemption ends on August 29. Here’s a quick rundown.
At Jackson Hole, the Fed vows to keep interest rates high as US tariffs push up prices and shake global markets.
US President Trump’s plan for 300% tariffs on semiconductors could hit the global chip ecosystem hard, warns a US think tank.
Postal operators worldwide are halting shipments to the US after the end of the low-value parcel tariff relief, impacting e-commerce and mail services.
50% steel and aluminum tariffs in the U.S. drove import prices up from June to July, and businesses and consumers are bearing the extra cost.
Economist Michael Strain warns tariffs are pushing US core inflation above target, with steep price hikes for electronics, apparel, and more.
Nations across the Americas are shifting trade away from the U.S. amid rising tariffs, seeking new global partners to diversify supply chains and spark innovation.
Senator Maria Cantwell says Trump’s tariffs act as unconstitutional taxes on US citizens, arguing that revenue comes straight from American pockets.