Postal services in multiple countries are halting shipments to the United States this week as governments and couriers scramble to adapt to new U.S. import duties that take effect Friday. President Donald Trump last month signed an executive order abolishing the longstanding “de minimis” trade rule, which since 2016 had …
Read More »Trump Ends De Minimis Trade Loophole for All Countries
President Donald Trump signed an executive order Wednesday eliminating a long-standing trade loophole that allowed low-value packages under $800 to enter the United States duty-free, a move that could reshape cross-border e-commerce and intensify trade tensions. The order, which will take effect on August 29, subjects all foreign shipments valued …
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