Supply chain analysts say e -commerce can affect the worst due to US prices
When you look at the Executive Order by the Trump administration, it canceled the ‘de Munimis’ allowance for e -commerce equipment in the United States, such as Timo and Shen. So the biggest hit will be Amazon along with these players. “
President Donald Trump delayed the elimination of trade detection, which allows low -cost packages from China to reach duty -free, which means that the products can now enter the United States without any revenue. The move is the latest in a series of tariff announcements and delays this week.
Earlier this week, Trump’s Executive Orders on Chinese goods taxes also eliminated “D Munimis”, which allows retailers like Shen, Timo and Amazon to send the package quickly and cheaply to the United States.
A legal term, “De Minemius” means little importance, and in case of imports from China, the United States ignores ordinary customs procedures and TE worth less than TE 800, which is sent to individuals.
Two days after Trump’s executive order, the US postal service announced that it would no longer accept China and Hong Kong package. This suspension was a short life, because after the president, the USPS changed its decision on Wednesday. Modified the tariff order To allow packages worth $ 800 or less without taxes, the department can not develop a system to take action on trade packages and “faster” tariff revenue.
What is ‘de minemius’?
De Minemius Refers to Section 321 of the Tariff Act of the 1930s, and the Treasury Secretary has been allowed to waive some duties or fees where tax collection is more inconvenient than it is more income.
In other words, this is a commercial detection that allows low -cost goods to be sent to the country’s duty -free.
According to Reuters, almost HALF half package comes from China with D -Minemis waiver, and more than 30 % of all the daily packages sent under D Manimis are from Timo and Shen.
Tariff delay on the latest ‘de munimis’ in the troop of tricks
Trump, February 1, signed orders, issuing taxes against China, Mexico and Canada, which were due on February 4.
He then stopped 25 % of the revenue on Mexico and Canada’s goods after talks with countries leaders, President Claudia Shenbam and Prime Minister Justin Trudeau, who agreed to assist in border security.
But Chinese goods were implemented 10 % on Tuesday morning. Shortly afterwards, the Chinese Ministry of Finance announced that it would begin to impose 15 % for US coal and crude oil, farm equipment and 10 % target rates for some cars. “That’s fine,” Trump told reporters on Tuesday, and he had no rush to talk to Chinese President Xi Jinping.
Partnership: Reuters
Kansi Curley is a trending news reporter in the USA Today. Get it to Kcrowley@gaannett.com, and follow it on X and Tiktok @Kinseycrowley.
