President Trump has eliminated a customs exemption for international shipments worth 800 dollars or less. It’s part of his wide-reaching trade agenda. That means import taxes will have to be paid on small parcels from all over the world, which will be a change for some small businesses and online shoppers. Mexico, the EU, and […]
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Low-value packages shipped to U-S are no longer exempt from tariffs
President Trump has eliminated a customs exemption for international shipments worth 800 dollars or less. It’s part of his wide-reaching trade agenda. That means import taxes will have to be paid on small parcels from all over the world, which will be a change for some small businesses and online shoppers. Mexico, the EU, and several other countries have suspended package shipments to the U-S as they seek more clarity on the new policy.