Global carriers halt US shipments

Semafor – Global mail carriers suspended deliveries to the US in the face of uncertainty over new duties on low-cost packages.US President Donald Trump last month ordered the end of the “de minimis” provision, which allowed goods valued under $800 to enter the US duty-free. The government closed the loophole for China and Hong Kong in May, and is set to expand it worldwide Friday, sparking concern over how it will be enforced. International postal carriers from Germany to New Zealand to South Korea have halted most US-bound parcels. The demise of de minimis compounds the challenges facing US importers; many businesses have so far resisted raising prices, and aren’t keen to do so this holiday season, Supply Chain Dive wrote.”

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