Trump ended the D Minimism suit for global low -cost goods

Trump ended the D Minimism suit for global low -cost goods

On October 11, 2018, American postal workers deliver Amazon Mezon box outside the New York Stock Exchange.

Spencer Plat | Getty

President Donald Trump Signed on Wednesday Executive order End De minimis Trade loop for low-value Packages Sent from all countries.

१ Aug will be subject to any of the order that implemented on August August Shipment The White House said the goods imported in the US worth $ 800 or less in the US.

Any items sent by the International Post Network will be subject to the rate based on the package and the value of its original country.

This is the step when the de -minimis fall of May for China and Hong Kong items is closed. On Monday, the Federal Trade Court refused to block Trump’s D Minimism ban. Auto Parts The retailer argued that the action was illegal and he threatened his business.

In the recent year, the use of D minus provision has been used in recent years as online shopping has become more prevalent. Ultrachup Online Returies Such as such as Before And Shin US shopkeepers have used a loop to send packages directly from China Duty-free.

Shares of PDD HoldingsTemu’s original company, after the announcement, sank.

Amazon mezon The stock also fell on this announcement. Amazon runs a third-party market with millions of vendors, as well as an ultra-coast storefront with items sent directly from China, called Hall??

The Trump administration has tried to close the fall and called it a “big scam” that hurts American businesses. Officers SAIDs say that D minimism has provided shipment of fanta and other illegal substances, saying the packages are less likely to be reduced by customs agents.

The White House said that the proportion of D minus shipments has so far reached 309 million units in this financial year, the White House said.

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