An approaching US deadline to end tariff exemptions on small parcels has tripped up global deliveries to the world’s biggest economy, with some businesses halting shipments to American consumers and mulling price hikes.
Come Friday, President Donald Trump’s administration is abolishing a rule that allows packages valued at $800 or below to enter the United States duty-free.
Instead, packages will either be subject to the tariff level applicable to their country of origin, or face a specific duty ranging from $80 to $200 per item.
Trump’s trade adviser Peter Navarro told reporters that closing this “loophole” helps restrict the flow of “narcotics and other dangerous and prohibited items” while bringing fresh tariff revenues.
But the monthlong lead time Trump’s order provided has sparked