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  • 5 months ago
Etsy shares fell after the Trump administration ended the $800 duty-free “de minimis” import exemption, according to Benzinga. The change disrupts international shipping and straining the platform’s global seller network. The policy, effective Monday, forces tariffs on lower-value goods, leading postal services in South Korea, Sweden, Denmark, and the Czech Republic to suspend shipments to the U.S. The shipping halt cuts off Etsy’s international sellers from U.S. buyers, while looming import duties risk raising costs and weakening cross-border demand. Shares closed down 8.41%.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Etsy shares fell into the Trump administration
00:04into the $800 duty-free to minimize import exemption,
00:07according to Benzinga.
00:08Change disrupts international shipping
00:10and straining the platform's global seller network.
00:12Policy effective Monday forces tariffs on lower-value goods,
00:15leaving postal services in South Korea, Sweden, Denmark,
00:18and the Czech Republic to suspend shipments to the U.S.
00:21Shipping haul cuts off Etsy's international sellers
00:23from U.S. buyers, while looming import duties
00:26risk raising costs and weakening cross-border demand.
00:29Shares closed down 8.41%.
00:31For all things money, visit Benzinga.com.
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