No More Free Ride for Small-Dollar Parcels as Tariffs Kick In
The U.S. government has eliminated the tariff exemption for low-value parcels from overseas, known as the de minimis threshold. This change will impact small-dollar purchases from international sellers, as customers will now have to pay additional fees and taxes. The decision aims to level the playing field for domestic retailers who have long complained about the unfair advantage enjoyed by foreign e-commerce companies. This move is part of a broader effort to address trade imbalances and support U.S. businesses. While it may lead to higher prices for consumers, the government believes it is a necessary step to ensure fair competition in the e-commerce landscape. The change is expected to generate additional revenue for the government and potentially encourage more domestic manufacturing and sourcing.
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