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  • 4 months ago
Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2025/08/29/tariff-loophole-on-low-value-imports-ends-heres-how-much-more-you-could-pay-for-online-packages/

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Transcript
00:00A tariff exemption on low-value shipments from abroad ended after midnight on Friday, August 29th,
00:06prompting e-commerce platforms like eBay and Etsy and shipping services like DHL and UPS
00:11to lay out new guidelines for U.S. online shoppers who are likely to face disruptions and increased prices.
00:18The de minimis rule, which exempted packages valued under $800 from duties and tariffs,
00:24ended for all global shipments entering the U.S. on Friday, August 29th at 12.01 a.m. Eastern Time,
00:30months after the Trump administration removed the exemption on such imports from China and Hong Kong.
00:36For the next six months, online buyers importing items from abroad will either have to pay a flat fee
00:42or the assigned tariff rate of the country of origin of their purchase for the item to pass through customs ahead of delivery.
00:49Items arriving from countries with a tariff rate of less than 16% will incur an $80 flat fee per item.
00:56This fee increases to $160 and $200 per item for countries with rates between 16% and 25% and more than 25% respectively.
01:06Several major online shopping platforms like eBay, Etsy, and Shopify have outlined guidelines for both U.S. buyers
01:13and foreign sellers shipping their products to the U.S.
01:16In an update on its website, eBay wrote,
01:19quote, U.S. buyers will be responsible for additional duties on all orders.
01:23They may need to provide personal information to facilitate customs clearance of their orders.
01:29eBay also said it's taking steps to protect sellers on the platform,
01:32allowing them to adjust late shipment rates and potentially removing negative or neutral buyer feedback,
01:38quote, related to tariffs.
01:40Etsy, which is primarily focused on selling craft items,
01:43has also issued an update urging its sellers to use carriers that allow them to prepay tariffs and duties at the time of shipping.
01:50The website notes that this, quote,
01:53eliminates the risk of your buyer refusing to pay a tariff after their item has already made the journey to its destination.
01:59U.S. says starting Friday, all shipments entering the U.S., quote,
02:03will need to go through U.S. Customs Border Protection and could be subject to duties, taxes, and brokerage fees.
02:10The company then noted, quote,
02:12typically these costs are the responsibility of the person receiving the shipment.
02:16For more on this story, check out the article at the link in the description.
02:191.
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