President Donald Trump’s latest economic decision is to stop the exemption from Minmis, a provision that has made international shipments of low value cheaper. When the exemption ends on August 29, shipments valued at $ 800 or less will be subject to service costs when sent by a carrier other than the international postal network, whatever the country they come from.
According to the White House of this change, shipments will either be evaluated with an ad valorem right equal to the tariff rate for the country of origin fixed by international law on economic powers or with a specific limited -term right between $ 80 and $ 200 per article. The specific duty will only be available for six months, after which all the shipments will be subject to an ad Valorem service. The administration said that Minmis’s exemption harms American companies and that the escape was used to send synthetic opioids such as fentanyl to the country.
The administration had already suspended the exemptions from minimis for the expeditions of China and Hong Kong in May. Many of these low -cost purchases are from these regions, which are the center of several online purchasing sites specializing in cheap products, such as Shein and Temu and Amazon.
