End of US low-value package tariff exemption is permanent, Trump officials say
I'm PortAI, I can summarize articles.
The U.S. has permanently ended the tariff exemption for package shipments valued under $800, effective Friday. A six-month transition allows shippers to pay a flat duty of $80 to $200 based on the country of origin. This change, announced by Trump officials, aims to enhance revenue and restrict the flow of illegal items, potentially generating up to $10 billion annually in tariff revenues.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments