U.S. spares Ukrainian small sellers from Trump’s import tariffs – for now
Business7 April 2025, 01:26 PM
"All imports to the U.S. will be subject to a minimum 10% duty," the comments read.
"However, the $800 (de minimis) duty-free threshold will remain in place until the Secretary of Commerce determines that a functional system is in place to record and collect duties on these goods. Therefore, duties on merchandise valued at less than $800 will not be required to be paid".
The duty-free limit may be adjusted by the Secretary of Commerce, but no timeline for this decision has been provided.
The USPS is currently evaluating various options to mitigate the impact of the tariffs, including the possibility of implementing a system similar to the European IOSS system.
On April 2, Trump unveiled his long-awaited package of "Liberation Day" tariffs on imported goods.
The U.S. imposed a basic 10% reciprocal tax on imports from all nations and higher tariff rates on dozens of America's largest trading partners, hitting Cambodia particularly hard with a 49% tariff, Vietnam (46%), Thailand (36%), and 34% on Chinese goods.
A 20% tariff on all goods from European Union countries and 31% on Switzerland.
Trump accused other nations of "looting, pillaging, raping and plundering" the US. The tariffs are expected to shave billions off global economic growth.
European Commission President Ursula von der Leyen said the tariffs would have "dire consequences" for millions of people around the world, and that there seemed to be "no order in the disorder" of US actions.
"We are already finalizing the first package of countermeasures in response to tariffs on steel. We're now preparing for further countermeasures to protect our interests and our businesses if negotiations fail," she said in her morning emergency address, adding that "we will stand together, our unity is our strength."