Tag #De Minimis Exemption

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U.S. Ends De Minimis Import Exemption, Targeting Tariff Evasion and Illicit Goods

The Trump administration ended a de minimis exemption for low-value imports into the U.S., ending tax-free shipping of parcels valued at $800 or less, effective Friday, July 6, 2024, aiming to increase tariff revenues by $10 billion annually and curb illegal imports.

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us.cnn.com
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Trump Ends Duty-Free Imports, Impacting E-Commerce and Consumers

President Trump's executive order eliminates the duty-free import exemption for packages under $800, affecting 1.36 billion packages annually and potentially raising prices for consumers, particularly low-income households, while aiming to combat illicit trade.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
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US "De Minimis" Exemption Threat Shakes Canadian E-Commerce

The threatened elimination of the US "de minimis" exemption, which allows duty-free imports under US$800, creates uncertainty for Canadian e-commerce businesses, forcing many to scale back investments or increase prices while others adapt by shipping to US warehouses, highlighting the need for predi...

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edition.cnn.com
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US Postal Service Suspends Chinese Parcel Acceptance Amid Trade Tensions

The US Postal Service suspended accepting international parcels from China and Hong Kong due to unspecified reasons, impacting e-commerce businesses like Shein and Temu following President Trump's termination of a tax exemption on packages under $800 and new tariffs on Chinese imports, prompting ret...

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44% Bias Score

Responsible Consumption and Production
us.cnn.com
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Trump Tariffs Threaten to Hike Prices on Shein, Temu Goods

Trump's reversal of the de minimis provision, a decades-long exemption allowing duty-free entry for packages under \$800, threatens to increase prices and slow delivery of goods from Chinese e-commerce sites like Shein and Temu, impacting over a billion annual shipments.

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aljazeera.com
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Mexico Suspends US Package Shipments Amid Tariff Dispute

Mexico will suspend package shipments to the US before Friday's expiration of a tariff exemption for small-value packages, following similar actions by several European countries due to uncertainty over new US duties. The change, part of President Trump's 2019 trade war, impacts e-commerce businesse...

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36% Bias Score

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us.cnn.com
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End of US Import Loophole Sends Prices Soaring

The expiration of a US import loophole allowing duty-free goods under $800 from China ended July 1st, resulting in significantly higher prices for countless consumers relying on cheap Chinese e-commerce, with tariffs as high as 145% now in effect, disproportionately impacting lower-income households...

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44% Bias Score

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cnnespanol.cnn.com
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End of Import Exemption to Hike Prices for Shein and Temu Shoppers

The U.S. is eliminating a decades-old import exemption that allowed packages worth less than \$800 to enter the country tariff-free, resulting in higher prices for consumers who shop on sites like Shein and Temu. This decision has led to a temporary halt in the acceptance of international packages f...

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40% Bias Score

Responsible Consumption and Production
cnn.com
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US Postal Service Suspends Chinese Parcel Imports Amid Trade Tensions

The US Postal Service suspended accepting international parcels from China and Hong Kong due to unknown reasons, impacting e-commerce giants like Shein and Temu after President Trump terminated the "de minimis" exemption and imposed new tariffs on Chinese imports.

Progress

36% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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US Postal Service Halts Chinese Parcels Amid Trade Tensions

The US Postal Service suspended accepting international parcels from China and Hong Kong, impacting e-commerce businesses like Shein and Temu, following President Trump's termination of the "de minimis" import exemption and new tariffs on Chinese goods; China retaliated with economic measures.

Progress

36% Bias Score

Reduced Inequality

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