US Tariff Exemption for Low-Cost Imports Has Ended

On Aug. 29, the United States ended a trade policy that facilitated the shipment of low-value goods into the country for years.
Politicians on both sides of the aisle support the move, while the rapid transition constitutes a massive change of business for international shippers.
At midnight on Friday, the United States took an existing policy blocking the so-called de minimis exemption on goods shipped from China and Hong Kong and expanded it to cover the entire world. That move was ordered by President Donald Trump on July 30.
The president’s order stated that the exemption had been fueling drug trafficking and unfair trade practices that hurt American businesses….