Reported about 9 hours ago
The recent expiration of the de minimis tariff exemption, which allowed small packages under $800 to enter the U.S. tax-free, is set to lead to increased costs and delays for online shoppers. This change affects both consumers and small businesses, with smaller retailers facing greater challenges in passing on costs compared to larger companies. While some brands are preparing for price adjustments, consumers should anticipate delays in shipping and fewer product options as retailers adjust their inventory strategies.
Source: YAHOO