US EditionSmall Businesses Brace for Higher Costs as U.S. Ends Shipping-Fee Exemption
- Caracas Le-Fort, founder of Tag4MyPet, announced that her business will stop taking U.S. orders due to rising shipping costs after the de minimis exemption ends on Aug. 29.
- One-Third of small- and medium-sized businesses anticipate being impacted by the loss of the de minimis exemption, according to a CFIB survey.
- Retail analyst Bruce Winder noted that small businesses have limited options to manage increased shipping costs amidst new tariffs.
- The U.S. is ending the de minimis exemption, meaning packages under $800 will incur higher tariffs, pushing costs up to 35% for shipments.
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Small Businesses Brace for Higher Costs as US Ends Shipping-Fee Exemption
As the latest change to the Canada-U.S. trade relationship is about to take effect, Melissa Caracas Le-Fort is facing a deadline of her own. After Caracas Le-Fort announced on social media mid-August that her business would no longer take orders from American customers after Aug. 26, requests for custom-made pet tags began pouring in. Now, she and her husband, Carlos, are putting in 12-hour days to fulfil over 300 orders before Friday, when the …
·New York, United States
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Coverage Details
Total News Sources19
Leaning Left9Leaning Right3Center1Last UpdatedBias Distribution69% Left
Bias Distribution
- 69% of the sources lean Left
69% Left
L 69%
R 23%
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