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Central to this problem is the de minimis exemption, which allows packages valued at no more than $800 to enter the country without being subject to tariffs. According to the White House, about four million packages that qualify for the policy enter the United States every single day, amounting to more than 1.35 billion per year. Trump has rolled back that policy considerably, setting the new bar at a value of under $100 to enter the country duty-free. Everything else will be subject to the tariffs that apply to the country from where the package is being shipped.

That new policy is set to go into effect on August 29, and the rest of the world is throwing up its hands about it. Per Bloomberg, there are still questions as to how the tariffs will be collected and how countries are even supposed to submit the relevant information to US authorities. Instead of dealing with all that, some countries are opting to simply not ship to America for the time being.

Bloomberg reported that Korea’s postal service, Korea Post, will stop sending packages to the US starting Tuesday. Singapore’s SingPost and Austria’s postal provider will do the same, just a day earlier. Norway and Finland are getting an even bigger head start, announcing that they will stop sending packages to America starting on Saturday, and Belgium is halting shipments as of Friday. Deutsche Post in Germany and the Czech Republic’s postal service have already stopped shipping packages state-side due to the confusion. Other countries, including Australia and the United Kingdom, announced temporary suspensions until they get things sorted.

Meanwhile, it’ll be low-income Americans hit the hardest by this new policy, per the National Bureau of Economic Research, which found that eliminating the de minimis exemption would increase average tariffs faced by the poorest ZIP codes in the country to about 12%, nearly double the impact on richer ZIP codes. In total, the researchers warn that ditching di minimis will reduce consumer welfare by between $11 billion and $13 billion per year. But hey, that’s a small price to pay for pissing off the whole world to little actual gain.

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Boycott US

1760 readers
247 users here now

Overview:

The community dedicated to boycotting the US until they stop fascism, restore full democracy and start following international law.

Americans have a moral obligation to resist Donald Trump and project 2025 at every turn.

America is a flawed democracy currently being ruled by oligarchs. Stop the backslide! Dont let America become the next Hungary.

America needs to challenge the court rulings of citizens united v. fec and shelby county v. holder, protect the media, implement independent district drawing, and the single transferable vote so they don't end up having people stay home in life-changing elections because they cannot vote for their favourite candidate.

Join 50501.chat to fight back!


Related communities:

Boycott:!buycanadian@lemmy.ca

!buyeuropean@feddit.uk

!boycott@lemmy.sdf.org

!boycottchina@sopuli.xyz

Activism:!antitrumpalliance@lemmy.world

!petitions@lemmy.ca

!palestine@lemmy.dbzer0.com

!protest@lemmy.world

!israelicrimes@lemmy.world

!patriotsforprogress@lemmy.ca

!goodsuniteus@lemmy.ca


founded 10 months ago
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