Small retailers pause U.S. orders amid tariff hike

AWANI

The end of the US small parcel tariff exemption has led some small retailers to pause sales, while others seek temporary solutions, hoping for lower rates.

Transcript

00:00the united states has ended its small parcel tariff exemption today some small retailers

00:14have paused u.s sales while others are seeking temporary fixes hoping rates will drop

00:19the removal of the de minimis rule for packages under 800 us dollars from china and hong kong

00:28now subjects most goods to 145 percent tariffs following president trump's decision last month

00:34that disrupted global trade and drew retaliation from beijing chinese e-commerce giants like sheen

00:41and temu had relied on the exemption to ship duty-free to the u.s but both trump and biden

00:46argued it hurt u.s businesses and was exploited to smuggle drugs in february trump briefly suspended

00:53the de minimis exemption to curb synthetic opioid imports like fentanyl as officials cited abuse of

01:00the rule by shippers hiding illicit drugs in low value packages the u.s postal service even

01:06temporarily stopped accepting parcels from china and hong kong now import charges vary by shipping

01:11method with usps handled goods facing a 120 tariff or 100 per package set to rise to 200 in june

01:20according to u.s customs border and protection

01:23according to u.s customs border and protection

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