Tag: Section 321 de minimis

  • The End of De Minimis: Winners, Losers, and Workarounds (Part 2)

    The End of De Minimis: Winners, Losers, and Workarounds (Part 2)

    Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting Introduction Last year, over 4 million packages entered the United States under the De Minimis exemption, with a trade value of roughly 1 billion USD.  Just a decade ago, that figure stood at 140 million USD, a staggering increase tied mainly to e-commerce and…

  • The End of De Minimis: What the August 29th Suspension Means for U.S. Consumers

    The End of De Minimis: What the August 29th Suspension Means for U.S. Consumers

    Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting Executive Summary: De minimis is widely criticized as a “trade loophole” that lets goods enter duty-free, even if tariffs (e.g., 145% import tariff against China) or national security duties apply. CBP says the exemption is “built on a false premise that low value means…

  • Protectionism Rebooted: The U.S. Targets Brazil, South Korea, and E-Commerce Giants

    Protectionism Rebooted: The U.S. Targets Brazil, South Korea, and E-Commerce Giants

    U.S. Trade Policy Overhaul: Tariffs on Brazil and South Korea, and the End of De Minimis The United States has initiated a sweeping transformation of its trade policy under President Donald Trump, marking a decisive pivot toward economic nationalism and protectionism. This shift includes the imposition of steep tariffs on Brazil and South Korea two…

  • Trump’s Tariff Letters and Their Impact on International Shipping

    President Trump has instructed his administration to begin sending formal letters to over 100 trading partners starting July 4. Each letter will specify the tariff rate ranging from 10–20% up to 60–70% that the recipient country will face on all imports into the United States effective August 1. Rather than negotiate dozens of bilateral deals,…

  • Tariffs Update May 19th 2025

    United States Tariff Adjustments On May 19, 2025, the U.S. government reaffirmed several tariff policies and introduced new measures affecting imports from various countries. Retail Price Impact Trade War Effects Ontario’s Budget Response Canada’s Tariff Adjustments Canada reaffirmed its preferential tariff treatments for countries with free trade agreements, including the USMCA and CPTPP. Grocery Price…

  • Tariffs and Their Expanding Impact: May 5th 2025

    Global Trade Landscape Tariffs are reshaping global trade, forcing businesses to rethink supply chains, pricing strategies, and market expansion. The latest developments include: Key Upcoming Tariff Dates Several critical dates are approaching that could further impact trade: Industry-Specific Responses Automotive Industry Aerospace Sector Agriculture & Food Processing Manufacturing & Energy Small Business Strategies Amid Tariffs…