US to End Tariff Exemption for All Low-Cost Imports in Major Trade Shift

Date:

US to End Tariff Exemption for All Low-Cost Imports in Major Trade Shift

A United Parcel Service driver sorts his deliveries in Upper West Side in New York on July 15, 2023. Richard Drew/AP Photo

The United States is expanding the revocation of a tariff exemption that facilitated the flow of cheap goods into the country.

President Donald Trump on July 30 signed an executive order ending the de minimis treatment of imports worth less than $800 for all goods entering the country. Accordingly, by Aug. 29, the United States will begin to collect duties on packages that were previously exempt from the payments.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Wong Says China to Facilitate Talks to Begin Jet Fuel Sales to Australia

Minister for Foreign Affairs Penny Wong talks to journalists...

CCP Moves to Tighten Oversight of Gig Workers

Beijing is moving to tighten its grip on tens...

Defence Ends Submissions in China Influence Case Involving Ex-RCMP Officer, Argues No Criminal Intent

Former RCMP officer William Majcher, who was accused of...

Blockade of a Blockade: As Tehran Menaces Strait of Hormuz, US Tightens Vise on Iranian Shipping

U.S. forces patrol near the Iranian-flagged cargo ship M/V...