Core Viewpoint - The United States has officially canceled the tax exemption for imported packages valued at $800 or less, effective August 29, which requires small packages to pay full tariffs [1][3]. Group 1: Policy Changes - The previous policy, known as the "de minimis rule," allowed goods valued under $800 to be exempt from tariffs and import taxes since 2016, aimed at facilitating cross-border e-commerce and small trade [3]. - The new regulation mandates carriers to collect tariffs from senders prior to shipping and remit the total amount to U.S. Customs and Border Protection [3]. Group 2: Impact on International Trade - The policy change has led to 25 member countries of the Universal Postal Union (UPU) suspending mail shipments to the U.S. due to uncertainties in transit services, including major trading partners like Russia, South Korea, France, Germany, Australia, India, and Japan [1][5]. - The UPU has expressed concerns that the new rules pose significant challenges to the international postal network, particularly affecting cross-border e-commerce deliveries [7]. Group 3: Industry Reactions - There are worries among U.S. domestic industries and some policymakers that the new system may increase competitive pressure from low-cost imported goods and complicate tariff regulation and tax collection [5]. - The UPU is in communication with U.S. authorities to ensure operational requirements are conveyed to all member countries and is working on a scalable "tax prepayment" system to support tariff collection and remittance processes globally [7].

Core Viewpoint - The article discusses the recent executive orders signed by President Trump, which modify tariffs on goods from various countries, introducing new rates that range from 10% to 41% based on trade relationships and agreements with the U.S. [1][2] Summary by Sections Tariff Modifications - An executive order was signed on July 31, modifying tariffs on goods from dozens of countries, with rates varying from 10% to 41% [1] - Goods rerouted to avoid tariffs will incur an additional 40% tariff [1] Trade Agreements and Tariff Rates - Countries with trade agreements or those about to finalize agreements with the U.S. will be subject to the modified tariff rates before the agreements are finalized [2] - A general tariff of 10% will remain for countries where the U.S. has a trade surplus, while a new minimum tariff of 15% will apply to approximately 40 countries with trade deficits [2] Implementation and Specific Rates - The new tariffs will take effect on August 7, allowing U.S. Customs and Border Protection to prepare for the changes [3] - Syria has the highest tariff rate at 41%, while Laos and Myanmar are set at 40%. The UK will maintain a 10% tariff [3][4] Detailed Tariff Rates by Country - A detailed list of countries and their respective tariff rates includes: - Syria: 41% - Laos: 40% - Myanmar: 40% - Switzerland: 39% - Iraq: 35% - Serbia: 35% - Algeria: 30% - South Africa: 30% - Various other countries with rates ranging from 19% to 25% [4][5][6][7][8] Additional Tariff Measures - Starting August 1, a 50% tariff will be imposed on imported copper semi-finished products and high-copper content derivatives [8] - An executive order will suspend the tax exemption for imported packages valued at $800 or less, effective August 29 [8] Specific Country Tariff Increases - From August 6, a 40% tariff will be applied to products imported from Brazil, with certain exemptions [9] - Tariff rates for Canada will increase from 25% to 35% effective August 1 [9]

Group 1 - The U.S. will impose a 50% tariff on imported copper semi-finished products and high-copper derivatives starting August 1 [1] - The tariff is based on Section 232 of the Trade Expansion Act of 1962, affecting products such as copper pipes, wires, rods, and sheets, as well as related components like cables and connectors [1] - The majority of copper consumed in the U.S. is imported, and the tariffs are expected to increase costs for American manufacturers without incentivizing appropriate economic behavior [1] Group 2 - Starting August 6, the U.S. will impose a 40% tariff on products imported from Brazil, with exemptions for certain items like aircraft, nuts, orange juice, and some metal products [2] - Following the tariff implementation, most Brazilian products will face a total tariff rate of 50% [2] - The Brazilian government is considering retaliatory tariffs on U.S. products in response to the U.S. tariffs, emphasizing a stance against unilateral trade measures and protectionism [2]