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U.S. ends tariff exemption for small packages shipped globally

France 24 · Just In
France 24
France 24
Just In

The United States on August 29 ended tariff exemptions on small packages entering the country from abroad, in a move that has sparked concern among small businesses and warnings of consumer price hikes.

Breakdown
  • The U.S. has ended duty-free imports for parcels worth less than $800. 41s
  • Postal services in many countries have suspended shipments to the U.S. 28s
  • The policy aims to address low-cost imports and support American industries. 1m 24s
  • Postal services are working to establish new customs duty payment processes. 1m 0s
  • The U.S. previously removed the exemption for goods from China, collecting significant tax revenue. 1m 15s
PoliticsEconomy