Bloomberg.com|1 minute read
US Tariff Exemption Ends: The E-Commerce Shake-Up You Didn't See Coming
TL;DR
The US has put a nail in the coffin of the tariff exemption for small packages, a move that will shake the foundations of global e-commerce. Here's what you need to know:
- New Tariffs: Millions of packages will now incur tariffs, affecting online shopping costs.
- Impact on Shoppers: Expect higher prices and canceled orders as retailers adapt.
- Global Implications: This decision alters the import landscape, pushing consumers to rethink their shopping habits.
Here's the full scoop.