US President Donald Trump simply inflicted another blow to the E -commerce industry, which is still spinning after wide tariffs, which Trump announced in the spring. On Wednesday, Trump signed an executive order expanding the impact of these tariffs and making Americans to buy foreign products in sites such as eBay, Etsy and Amazon.
The order is eliminated by the so -called “de minimis” provision, a long -lasting politician that allowed US to import packages with a value less than USD 800 from any place in the world free of service. These packages will now be subject to the same tariffs specific to the country as larger parcels, in accordance with information sheet Published by the White House.
Trump has already got rid of de minimis exemption for Chinese goods at the beginning of this year. The novel ordinance of the president now removes him for every other country from August 29. Until then, experts say that many foreign sellers and American companies with warehouses at sea will try to introduce their goods to the USA. “Expect a lot of sales when brands try to eliminate their foreign supplies in the next 30 days,” said Aaron Rubin, general director of the Logistics Company Shiphero Post on social media.
There are several ephemeral exceptions for packages passing by international postal networks, which means shipments that are not served by private companies, such as DHL or Fedex. Since customs officials are hard to easily calculate the value of these packages, they will be subject to a fixed tariff rate from 80 to 200 USD per position, at least for now. Trump’s administration claims that this special tariff principle expires after six months, when all shipments are taxed in accordance with specific tariffs for the country that Trump began to negotiate with individual countries, such as Japan.
De minimis dismissal was originally designed to enable us to bring gifts and items purchased abroad for personal apply without paying their duties. But as the E -Commerce industry broke out, the rule made Americans cheaper and more competent to order online goods from around the world. Until this year, foreign sellers often used a trade gap to send packages directly to the threshold of American consumers at very low costs. According to the US customs and borders, the US receives an average of 4 million de minimis shipments.
Some of the greatest policy beneficiaries were Chinese E -commerce platforms, such as Shein and the one that systematically used de minimis shipments to maintain low prices, as well as build supply chains that could react to the demand of consumers in real time. They were the first to fall victim to Trump’s tariffs, when he issued an executive ordinance in April, removing release from packages from China.
After the exemption free of duties, some analysts were afraid that it would be a threat at the level of extinction for Chinese e-commerce places, but mostly learned to adapt and resume normal operations. They did it and Shein, however raise prices on many products taking into account the additional costs of novel tariffs.