While the previous administration has considered removing the de minimis exemption or introducing reforms, Trump is actually the first to do so. Citing one of the main principles of startup culture, Ram Ben Tzian, a cofounder and CEO of a digital shipment waiting platform, says, “This is the administration version of advancing fast and braking things.”
This step can potentially create chaos and confusion in the online shopping industry, as well as purchasing more expensive for consumers, especially because many global manufacturers and internet vendors are located in China. The shopkeepers are now not only on the hook for an additional 10 percent tariff, but by Tuesday their products were exempted from the original tax rate.
Cindy Ellen, who has worked in international trade for more than 30 years and is the CEO of the Consultation Firm Trade Force Multiplier, an example to Wired how much the tariff will estimate how much additional cost: a woman's dress that is made of synthetic fiber D minimis has been sent from China to China, now regularly 16 percent tariff, 7.5 percent Section 301 will be subject to duty, especially for goods from China, new 10 percent tariff required by Trump, additional processing fee and customs duty Brokerage fees, and perhaps brokering and handling costs have increased for sudden changes in rules.
“Will the dress that was $ 5, now cost $ 5.50 or $ 15?” Alan says. “We don't know. It depends on how they react and change their business models. ,
In immediate term, clearing the custom will become a challenge for most ecommerce companies. Their long -term anxiety, however, has a possible effect on profitability. The appeal of Temu and Shin and similar Chinese ecommerce companies is how cheap their products are. If it changes, the ecommerce landscape and consumer behavior in the US can change a lot.
While the USPS has announced a suspension to accept any parcel from China and Hong Kong, the CBP has not expanded how the agency will implement Trump's new tariff, how to implement other tariffs other than saying. In a declaration This will reject the de minimis exemption requests from China starting today. CBP did not respond to Wired's request for immediate comment.
While trucks can be easily overcome at the limit of entry, it will be a major challenge to prevent cargo flights loaded with goods, which has been a favorite shipping method for D Minimis packages in recent years.
There are two possible results in the near period. If the CBP decides to organize all D minimis packages from China on the border until they are classified correctly and paid for import duties, it can cause a large -scale backlog It is, so the customers are waiting indefinitely for their orders.
Alternatively, CBP may choose to carry out things and charge tariffs, according to Heart. There is a mechanism called “liquidation” that allows the US government to calculate the final import duties for a year or more and to charge importers. “So from the perspective of a liquidation, you are on the hook for a while,” they say. For now, it is not clear how many packages will be crossing the border in the first place.