End of Duty-Free Imports: US Tightens Rules on $800 Delivery Packages

End of Duty-Free Imports: US Tightens Rules on $800 Delivery Packages

Big Changes for Small Packages: Understanding the End of the US De Minimis Tariff Exemption for Goods Under $800 If you're a frequent online shopper, especially if you purchase goods from overseas, you need to be aware of a significant change in US import regulations. The United States recently ended its tariff exemption, known as the "de minimis" threshold, for certain delivery packages valued at $800 or less. This change could have a noticeable impact on the price you pay for imported goods, and the speed with which you receive them. But what exactly does this mean, and how will it affect you? Let's break down the details and explore the implications of this new policy. What is the De Minimis Threshold? The de minimis threshold is a longstanding US trade provision that allows for the duty-free and tax-free entry of goods valued at or below a certain amount. Before this change, that amount was $800. This exemption was designed to streamline customs procedures and reduce…