There's been a lot of talk surrounding the high-inflation rate shown in the Producer Price Index (PPI) versus the Consumer Price Index (CPI). The speculation on when retail outlets will raise prices to match their costs is varied, and is primarily a guess. We're glad our jobs don't depend on that guessing. You should've seen our SEC picks last week. (That's Southeastern Conference, not the Securities and Exchange Commission.)
But if you're ordering from overseas, you're going to start paying more for small-ish items. And that's not a guess.
According to dispatches, the U.S. has ended a long-time exemption that allowed parcels worth less than $800 to avoid tariffs. Essentially, low-value goods could enter the U.S. duty-free. The number of companies claiming the exception has surged over t