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Rule “De Minimis” rescue international packages worth less than $ 800 from tariffs completed today, interfering with orders and costs for small businesses.
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Although the basic target of the decision on ending and exceeding the end of the product package, such as Shein and the theme, they sent directly to American consumers, it is expected that the greatest impact will be hit by American small businesses.
An executable By President Trump, he entered today, which made it more expensive, for consumers and small businesses to buy goods directly from foreign suppliers.
Consumers have other ways to find low goods and giants like Shein and theme have the scales to work around tariff impacts, but a small business relies on international goods, or to manage their companies, has fewer alternatives.
The market sellers are affected
Marketplaces such as Etsy, Ebay, Poshmark and Fair, who serve millions of small business owners who buy and sell goods abroad to see current impacts.
Today, Etsy Stock is almost 20% since mid-August, and eBay stocks is 10%.
Customs could double the cost of a small business
“Completion of the suspension of the company De is another change that has been a random trade expert on low-defective orders, which previously slipped that textbooks, and now they can doubled their costs that can double that we can double the textual They cite, and now they looked at the tutorials to customs.
The change in Minimisa is the latest in a series of tariff announcements that created the volatile situation for small business owners, in the interview, Bennett said.
“There’s this effect of rain, many, many small business owners now feel what leads to a growing uncertainty and concern about how it will continue to lead his job,” he said.
Since most small businesses act on very small margins, they will be more likely to order goods that is the limit of $ 800, Bennett said, and the end of the rules of the degree will result in great increase in their costs.
Small businesses that are already feeling under pressure
This comes at a time when the owners of small businesses have already felt pressure, Bennett said. Cragania has surveyed several weeks ago, looking at small businesses in the US “What we found was a dramatic spike looking for urgent loans, asking advice on how to wind for wind,” he said.
“The owners of the company clearly show that they are worried and do not know what the future holds,” he said.
International packages that have fallen under the Rule of Minimis increased in recent years, largely driven by growth by companies that deliver small purchases directly to consumers.
Toward the White House Statistics, 2015. and 2024 years, the company’s consignments entered in the United States with 134 million to over 1.36 billion consignments, and the American Customs and Border Protection Card deals over 4 million such consignments every day.
Navigation guides New tariffs
Faire, online to a large market that helps moms and pop shops to discover new products and buy from creators and brands around the world, they reacted to the current tariff this year by adding more New tools For its retail customers, including a filter that allows customers to quickly identify over 10 million products that can be delivered without import duties.
Etsy yesterday has updated their owner for the seller with a guidance To navigate new tariffs on small orders, with a list of recommended girders that can provide delivered delivery of notices. ETSI also provides a tool that helps sellers to calculate their costs, including new tariffs and review their price strategy.
