Reuters|1 minute read

US Tariff Exemption for Low-Value Packages Ends: Higher Costs on the Horizon

TL;DR

The US has ended its tariff exemption for low-value packages, impacting online shoppers and businesses alike. Here's what you need to know:

  • Higher costs are expected as tariffs apply to previously exempt low-value goods.
  • Shoppers face order cancellations and delays, with some businesses struggling to adapt.
  • Experts predict significant changes in the online shopping landscape.
  • The situation raises concerns about the future of affordable goods from overseas.

Here's the full scoop.

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