
""My shop is four years old. This year, I'll probably most likely hit 1,000 sales,""
""So, what started as a small retirement hobby has actually become a pretty significant business.""
""The U.S. has essentially been an extension of our domestic market,""
""When this program started, it was kind of assumed, 'Hey, there's not that many international cross-border parcels. This will be hard to track. Let's create this exemption,'""
Doris Kochanek turned woodworking into a successful Etsy business after retirement, selling walnut candle holders and housewares priced $30–$150 and nearing 1,000 sales in four years. Canadian Etsy sellers benefited from proximity to U.S. customers, a free trade agreement, and the U.S. de minimis exemption that waived tariffs on shipments under $800. The U.S. ended the de minimis exemption for worldwide shipments, exposing imports to tariffs based on country of origin with narrow exceptions. The policy change responded to fast-growing low-cost retailers using de minimis. Logistics experts note de minimis processing grew to over $65 billion annually, increasing scrutiny and impact.
Read at www.npr.org
Unable to calculate read time
Collection
[
|
...
]