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Foreign Retailers Give up on US as Tax on Small Parcels Starts

Asia Financial LogoAsia Financial1d ago

Foreign Retailers Give up on US as Tax on Small Parcels Starts - Asia Financial

Quick Summary:

With the tariff exemption – and trade loophole – for small parcels ending on May 2, some foreign retailers are giving up on seeking sales in the US The post Foreign Retailers Give up on US as Tax on Small Parcels Starts appeared first on Asia Financial.

While disruptive to e-commerce, the end of de minimis treatment of Chinese goods could give a boost to retailers less reliant on e-commerce or on Chinese manufacturing.

US online marketplace Etsy said in a notice to sellers earlier this month that it was making it easier for them to clarify the country of origin of their products, as tariffs are applied based on where a good is made rather than where it is dispatched from.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 13:47:34 (1 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 769 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 28321341

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 1 days ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

Publisher Details

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  • URL: https://onderwijs.beamstart.com/news/foreign-retailers-give-up-on-17461939533910

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