"Catch up quick: In late July, President Trump formally revoked the de minimis exemption, which excluded packages worth $800 or less from tariffs. He'd previously lifted the exemption for packages from China; as of August 29, it goes away for all other countries, too. Zoom out: Many European carriers, citing uncertainty about the new rules and a lack of time to create enforcement mechanisms, have opted to pause sending packages to the U.S. altogether."
"PostEurop, a trade group for the continent's national postal operators, listed at least 16 as of Sunday that intend to pause or restrict shipments to the U.S. due to the new regulations. Zoom in: The U.K.'s Royal Mail said it would end existing shipment services this coming Tuesday, with plans to resume using the new tariff regime as soon as Thursday."
"By the numbers: An estimated 1.3 billion packages entered the U.S. last year under de minimis rules, about 60% from China. The changes have already had a significant impact on discount retailers like Shein and Temu, whose shipments to the U.S. suddenly got substantially more expensive. The bottom line: Tariffs aren't just for cargo ships full of giant containers anymore."
In late July President Trump revoked the de minimis exemption that excluded packages worth $800 or less from tariffs. The exemption for packages from China had already been lifted; as of August 29 the exemption ends for all other countries. Many European carriers, citing uncertainty and a lack of time to create enforcement mechanisms, have paused or restricted shipments to the U.S. PostEurop listed at least 16 national postal operators planning pauses or restrictions. Royal Mail, Bpost and Deutsche Post suspended services in August. About 1.3 billion packages entered the U.S. last year under de minimis rules, roughly 60% from China. Discount retailers like Shein and Temu face sharply higher shipment costs.
Read at Axios
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