U.S. ends nearly century-old tariff exemption for low-value imports

The United States on Friday ended its nearly century-old tariff exemption for low-value imports as part of President Donald Trump's push to make the country less reliant on foreign goods.The suspension of the "de minimis" customs exemption, which allowed goods worth $800 or less to be shipped to the United States without having to pay any tariffs, is expected to particularly affect online retailers, smaller businesses and American consumers.Due to the complexity of Trump's tariff policies and logistical challenges, numerous national postal operators and parcel carriers have halted deliverie…READ FULL ARTICLE