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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMexico Suspends Package Deliveries to US, Prepares to Raise Tariffs on China
Mexico has become the latest country to suspend shipments to the United States market as the de minimis provision winds down this week.
Correos de México, the countrys postal service, follows in the freshly trodden footsteps of European carriers like Germanys Deutsche Post and DHL Parcel Germany, U.K.-based postal service Royal Mail, Norwegian postal group Posten Bring, Swedish-Danish group PostNord, Belgiums Bpost and Austrian Post, which announced they were suspending service to the U.S. last week.
Japan and Australia, too, have announced that their postal carriers will halt shipments of parcels worth $800 or less, which have historically been able to enter the U.S. duty-free under de minimis.
In a statement Wednesday, Mexicos government espoused hopes that the decision to stop service will not be permanent, and that ongoing negotiations with the U.S. will yield a fruitful outcome for the shippers and importers of small, low-value packages on either side of the border.
Correos de México, the countrys postal service, follows in the freshly trodden footsteps of European carriers like Germanys Deutsche Post and DHL Parcel Germany, U.K.-based postal service Royal Mail, Norwegian postal group Posten Bring, Swedish-Danish group PostNord, Belgiums Bpost and Austrian Post, which announced they were suspending service to the U.S. last week.
Japan and Australia, too, have announced that their postal carriers will halt shipments of parcels worth $800 or less, which have historically been able to enter the U.S. duty-free under de minimis.
In a statement Wednesday, Mexicos government espoused hopes that the decision to stop service will not be permanent, and that ongoing negotiations with the U.S. will yield a fruitful outcome for the shippers and importers of small, low-value packages on either side of the border.
https://www.yahoo.com/finance/news/mexico-suspends-package-deliveries-us-203030423.html
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Mexico Suspends Package Deliveries to US, Prepares to Raise Tariffs on China (Original Post)
In It to Win It
Friday
OP
no_hypocrisy
(52,913 posts)1. Expecting a renaissance of smuggling across the Mexican border and it
ain't just weed.
LetMyPeopleVote
(169,179 posts)2. Tariffs on small-value packages go into effect as loophole ends
The small value tariff exemption is ending and now many countries are cutting off shipments/mail deliveries to the US
Link to tweet
https://abcnews.go.com/Business/tariffs-small-packages-effect-loophole-ends-midnight/story
A shipping loophole exempting small-value packages from tariffs ended at 12:01 a.m. Friday, meaning that packages shipped into the U.S. under $800 are now subject to additional taxes.
Earlier this year, President Donald Trump ended the loophole for small-value packages shipped from China and Hong Kong.
Senior White House officials hailed the move in a call with reporters Thursday, saying that it was a crucial step in Trump's efforts to rebalance trade and also will help crack down on the importation of illegal goods, including fentanyl.
Earlier this year, President Donald Trump ended the loophole for small-value packages shipped from China and Hong Kong.
Senior White House officials hailed the move in a call with reporters Thursday, saying that it was a crucial step in Trump's efforts to rebalance trade and also will help crack down on the importation of illegal goods, including fentanyl.