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Trump Ends De Minimis Tariff Rule: How Online Shoppers Will Be Hit | WSJ News
WSJ News· 2025-08-29 21:27
Policy Change Impact - The US government has suspended the duty-free *de minimis* rule, potentially increasing costs for consumers on e-commerce packages valued at $800 or less [1] - Foreign post offices are suspending e-commerce package shipments to the US due to the complexity of tariff collection [6] - US manufacturers anticipate increased demand due to a leveled playing field with foreign suppliers now facing similar import costs [8] Business Strategies & Challenges - Companies may consider housing inventory in US warehouses to avoid individual tariffs on packages [5] - Smaller businesses are expected to face greater challenges navigating the tariff changes compared to larger companies with more resources [6] - Businesses are exploring options such as paying tariffs upfront or halting shipments to the US to avoid passing costs to consumers [7] Consumer Impact - Consumers should anticipate potentially higher prices and reduced choices in the short term [8] - The exact impact on consumer costs remains uncertain, as companies may choose to absorb or share the tariff expenses [3]
X @The Wall Street Journal
India’s small-scale manufacturers stand to lose tens of billions of dollars in imports to the U.S. after the Trump administration slapped a 50% tariff on the country. But what’s bad for India won’t necessarily be bad for Reliance.https://t.co/Ezp8zhFdrY ...
X @Bloomberg
Bloomberg· 2025-08-29 19:05
The US should give India time to recalibrate, rather than deepening the tariff wound with insults, writes @mihirssharma (via @opinion) https://t.co/zLFUV1r8s0 ...
GOP Rep. heckled and exits town hall during questions
MSNBC· 2025-08-29 16:42
They want to know who pays the tariff as a consumer and the export country. So we ask questions even if somebody Why won't I We won't do that. Why are people asking you to process false lies the fifth and 14th amendments allow for the Supreme Court has backed it many times.Shame. Shame. Shame.Felicia. ...
X @Bloomberg
Bloomberg· 2025-08-29 14:40
President Donald Trump has ended the de minimis exemption that allowed cheap goods to pass through US customs tariff-free for nearly 90 years. How will the new rules impact American shoppers? https://t.co/lYVRsb356b ...
X @Bloomberg
Bloomberg· 2025-08-29 14:14
US consumer sentiment declined to a three-month low as tariff-related concerns about the economic outlook and inflation persisted https://t.co/tXUNmPvh0R ...
How the end of ‘de minimis’ exemption could impact businesses and consumers
CNBC Television· 2025-08-29 13:08
Now, the US ending a tariff exemption earlier this morning for lower value packages. The closing of the so-called dimminimist loophole could disrupt supply chains for e-commerce companies, small businesses, and their customers. Megan Cassella joins us now with more from Washington.Hey, Megan. Hey guys, good morning. So, that's right.This was nearly a century old trade loophole. And while the president already closed it earlier this year for packages from China and Hong Kong, it's now eliminated for everyone ...
X @Forbes
Forbes· 2025-08-29 12:15
Tariff Loophole On Low-Value Imports Ends—Here’s How Much More You Could Pay For Online Packageshttps://t.co/jOHosiyV43 https://t.co/3vu3yjJKtR ...
【突發】川普這次踢到鐵板?50%關稅反讓印度轉向中俄!全球格局要翻盤了!
堆金積玉· 2025-08-29 11:15
US-India Trade Relations - The US imposed a 50% tariff on goods imported from India due to India's continued purchase of Russian oil [1] - This action contradicts Apple CEO's announcement of increasing iPhone manufacturing in India for the US market [1] - India is re-evaluating its relationship with China and Russia due to the US's unfriendly attitude [1] India's Geopolitical Shift - Indian Prime Minister Modi is scheduled to visit China in 2025 for the SCO summit, signaling a potential shift in relations [1] - India is deepening its strategic partnership with Russia, despite US sanctions [1] - India's actions suggest a stronger alignment with the BRICS economic alliance [1]
5 Things To Know: August 29, 2025
CNBC Television· 2025-08-29 11:12
Five things to know ahead of today's opening bell. Shares of industrial giant Caterpillar, they are down in the pre-market. The company says that tariff related costs will be higher than previously forecast.For 2025, CAT is now expecting a tariff hit of between 1.5% and$ 1.8% billion. That's up from its guidance earlier this month of up to$ 1.5% billion. Meanwhile, shares of retailer Gap, they're under pressure.retailer that has Gap and Outer Republic Old Navy brands all saw comp sales increase, but Athleti ...