Hold onto your packages! A whopping 25 countries have slammed the brakes on mail shipments to the U.S. as confusion erupts over new customs rules kicking in this week. The Universal Postal Union (UPU), a UN agency, confirmed the freeze after President Trump’s executive order axed a decades-old tax exemption for imports under $800.
Why the Drama? 🤔
The 'de minimis' exemption—a lifeline for small businesses and online shoppers—allowed duty-free entry for low-value goods. Now, its sudden end has left everyone scrambling. UPU chief Masahiko Metoki fired off a letter to U.S. officials demanding clarity, but the clock’s ticking. 🕒
Small Biz in the Crosshairs 🎯
Beijing Foreign Studies University professor Wang Shuo warns that SMEs relying on cross-border sales will feel the heat first. 'Many will have to shrink or bail on the U.S. market entirely,' he says. Even American businesses aren’t safe: Rising costs could mean pricier sneakers (Adidas plans a 22% hike!) and Walmart goods already up 15%. 💥
Who Pays the Price? 🧾
U.S. import taxes are now at a 90-year high, and analysts say working-class families could lose $2,000 yearly. Critics argue the policy backfires: Instead of saving jobs, companies like Ford are cutting benefits and workers due to steel tariff spikes. 'American consumers are the real victims,' Wang adds.
As the UPU races to soften the blow, one thing’s clear: This trade shakeup is more than just a mailbox problem. 🌍✨
