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A tariff space that allows cheap Chinese goods to be free to enter the United States was eliminated on Friday.
The result may cost immediate and expensive: Popular E-Commercial Sites and other locations, stationery and other low-valuable products can hit the price of shipping carriers and vendors in new import taxes. Packages can be delayed, because processed goods are more intense for customs officers.
As a result, the carriers are responsible for paying the tariff, but here you can influence here:
Elimination voidKnown as Minimis, President Trump, especially when the aggressive trade policy against China is the latest action by Trump.
Previously, packages with up to $ 800 were released from the tariffs when they arrive on the US border. (This freedom remains in place for any package caused by China or Hong Kong.) This should not be tired of giving them to the managing, the import taxes are small or de Minimis, customs agents. Over time, the value of the released packages continued to increase.
This is the number of de-minims entering the country in the last ten years, except for violations from the Covenant-19 pandemia. Last year, more than 1.3 billion, customs data company, equivalent of 40 packages equal to 40 packages to enter each second.
Most of them were from China.
Timing was overlapped with the e-commerce boom and Chinese companies such as Temu and Shein were able to flood US cheap goods. China is skilled in low-precious production, so the products were already cheap – and not subject to tariffs. As a result, American consumers have paid super low prices.
Dozens of countries in the world are accurate. However, such a large opening for a small number of non-tariffs, referred to a point critics. Trump management said that the provision should be tightened because American businesses are allowed to import cheap import. President Trump, connecting space parcel in China, said that Fentanyl activates the smuggling.
Here is a breakdown of the levels set by other governments of the world:
How did we get here? Almost 90 years ago, the congress, the exemption, efficiency, the efficiency, which will not be exposed to non-value goods worth less than $ 1, began.
The change in change remains to be played. Supply chains and shipping are complicated and additional processing does not necessarily mean higher costs of consumers. Mr. Trump first wanted to overcome the Minimis cavity in February, but the plan was postponed when packages were harvested in the airports.