logo
White House to end US tariff exemption for all low-value overseas packages

White House to end US tariff exemption for all low-value overseas packages

The Guardian2 days ago
The United States is suspending a 'de minimis' exemption that allowed low-value commercial shipments to be shipped to the United States without facing tariffs, the White House said on Wednesday.
Under an executive order signed by Donald Trump on Wednesday, packages valued at or under $800 sent to the US outside of the international postal network will now face 'all applicable duties' starting on 29 August, the White House said.
The US president earlier targeted packages from China and Hong Kong, and the White House said the recently signed tax and spending bill repealed the legal basis for the de minimis exemption worldwide starting on 1 July 2027.
'Trump is acting more quickly to suspend the de minimis exemption than the OBBBA requires, to deal with national emergencies and save American lives and businesses now,' the White House said in a fact sheet, referring to the bill known as the One Big Beautiful Bill Act.
Goods shipped through the postal system will face one of two tariffs: either an 'ad valorem duty' equal to the effective tariff rate of the package's country of origin or, for six months, a specific tariff of $80 to $200 depending on the country of origin's tariff rate.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tech companies are racing to make their products smaller - and much, much thinner
Tech companies are racing to make their products smaller - and much, much thinner

Sky News

time11 minutes ago

  • Sky News

Tech companies are racing to make their products smaller - and much, much thinner

Some of the world's leading tech companies are betting big on very small innovations. Last week, Samsung released its Galaxy Z Fold 7 which - when open - has a thickness of just 4.2mm, one of the slimmest folding phones ever to hit the market. And Honor, a spin-off from Chinese smartphone company Huawei, will soon ship its latest foldable - the slimmest in the world. Its new Honor Magic V5 model is only 8.8mm thick when folded, and a mere 4.1mm when open. Apple is also expected to release a foldable in the second half of next year, according to a note by analysts at JPMorgan published this week. The race to miniaturise technology is speeding up, the ultimate prize being the next evolution in consumer devices. Whether it be wearable devices, such as smartglasses, watches, rings or foldables - there is enormous market potential for any manufacturer that can make its products small enough. Despite being thinner than its predecessor, Honor claims its Magic V5 also offers significant improvements to battery life, processing power, and camera capabilities. Hope Cao, a product expert at Honor told Sky News the progress was "due largely to our silicon carbon battery technology". These batteries are a next-generation breakthrough that offers higher energy density compared to traditional lithium-ion batteries, and are becoming more common in consumer devices. Honor also told Sky News it had used its own AI model "to precisely test and find the optimum design, which was both the slimmest, as well as, the most durable." However, research and development into miniaturisation goes well beyond just folding phones. A company that's been at the forefront of developing augmented reality (AR) glasses, Xreal, was one of the first to release a viable pair to the consumer market. Xreal's Ralph Jodice told Sky News "one of our biggest engineering challenges is shrinking powerful augmented reality technology into a form factor that looks and feels like everyday sunglasses". Xreal's specs can display images on the lenses like something out of a sci-fi movie - allowing the wearer to connect most USB-C compatible devices such as phones, laptops and handheld consoles to an IMAX-sized screen anywhere they go. Experts at The Metaverse Society suggest prices of these wearable devices could be lowered by shifting the burden of computing from the headset to a mobile phone or computer, whose battery and processor would power the glasses via a cable. However, despite the daunting challenge, companies are doubling down on research and making leaps in the area. Social media giant Meta is also vying for dominance in the miniature market. Meta's Ray-Ban sunglasses (to which they recently added an Oakley range), cannot project images on the lenses like the pair from Xreal - instead they can capture photos, footage and sound. When connected to a smartphone they can even use your phone's 5G connection to ask Meta's AI what you're looking at, and ask how to save a particular type of houseplant for example. Gareth Sutcliffe, a tech and media analyst at Enders Analysis, tells Sky News wearables "are a green field opportunity for Meta and Google" to capture a market of "hundreds of millions of users if these devices sell at similar rates to mobile phones". Li-Chen Miller, Meta's vice president of product and wearables, recently said: "You'd be hard-pressed to find a more interesting engineering problem in the company than the one that's at the intersection of these two dynamics, building glasses [with onboard technology] that people are comfortable wearing on their faces for extended periods of time ... and willing to wear them around friends, family, and others nearby." Mr Sutcliffe points out that "Meta's R&D spend on wearables looks extraordinary in the context of limited sales now, but should the category explode in popularity, it will be seen as a great strategic bet." Facebook founder Mark Zuckerberg's long-term aim is to combine the abilities of both Xreal and the Ray-Bans into a fully functioning pair of smartglasses, capable of capturing content, as well as display graphics onscreen. However, despite recently showcasing a prototype model, the company was at pains to point out that it was still far from ready for the consumer market. This race is a marathon not a sprint - or as Sutcliffe tells Sky News "a decade-long slog" - but 17 years after the release of the first iPhone, people are beginning to wonder what will replace it - and it could well be a pair of glasses.

Gestures are not enough — we need a coherent strategy for Ukraine
Gestures are not enough — we need a coherent strategy for Ukraine

Times

timean hour ago

  • Times

Gestures are not enough — we need a coherent strategy for Ukraine

In the run-up to the presidential election in 2024, Donald Trump often expressed his confident belief that he could stop the war between Russia and Ukraine within 24 hours. In the months since, despite the US president's frequent oscillations between flattery of Vladimir Putin and exasperation, the latter has done everything possible to disabuse Mr Trump of his initial assumption. Indeed, in recent months Moscow has escalated its offensive with thousands of drones and missiles. In Scotland on July 28, Mr Trump warned Russia that it had a new deadline of 'ten or 12 days' to reach a peace deal with Ukraine or face tough new sanctions. Mr Putin was not slow to give his reply. Last Thursday morning, just three days later, Kyiv was surveying the grotesque aftermath of a seven-hour Russian aerial bombardment which killed at least 31 people and injured more than 150: the deadliest attack on the city in a year. Mr Trump's early tensions with President Zelensky, the flashpoint of which was a notoriously ill-humoured meeting in the Oval Office in February, have given way to his growing public frustration with Mr Putin. That anger has translated in modern-day gunboat diplomacy with Mr Trump deploying two nuclear submarines nearer to Russia. In April, after a Russian air attack killed 12 people in Kyiv, Mr Trump pleaded in a social media post 'Vladimir, STOP!'. In May, after a weekend of Russian drone and missile assaults upon Ukraine, he observed that Mr Putin had 'gone absolutely CRAZY'. • Peace deadline shows Trump has run out of patience with Putin Following the most recent outrage, the US president's rhetoric has hardened, to describe Russia's actions as 'disgusting' and warn that 'we're going to put sanctions' on Russia. For a man whose abiding creed is the 'art of the deal' this much must now be glaringly apparent to Mr Trump: the US has already made significant concessions with Russia on Ukraine, and received nothing in return. Not least among these were the indications by Pete Hegseth, the US defence secretary, that Ukraine could not expect to reclaim the land which Russia has seized since 2014, and nor would it be permitted to join Nato. Given Mr Putin's unwillingness to compromise, the time for heavy US sanctions against Russia is long overdue. Without decisive action, Mr Trump will increasingly resemble a spurned and insulted King Lear, threatening, 'I will do such things — what they are yet I know not, but they shall be the terrors of the earth!' Sergey Lavrov, the Russian foreign minister, recently openly ridiculed Mr Trump's shifting deadlines and ultimatums. So did the excitable former Russian president Dmitry Medvedev, who also verbally menaced the US leader with a Russian Cold-War era nuclear system known as the 'Dead Hand'. Beyond such symbolic gestures as moving the submarines, a much more cool-headed and coherent US approach to Russian aggression is needed. Mr Trump has spoken of sanctions and 'secondary tariffs', suggesting penalties on countries that trade strongly with Russia, such as India, China and Turkey. He has also announced an unspecified 'penalty' on India for its commerce with Moscow in energy and arms. Yet there remain many other potential moves, including pressuring other countries over Russia trade; ramping up the supply of weapons for Ukraine; reaching agreement with Kyiv for the joint production of advanced drones; and encouraging Europe to transfer £230 billion of frozen Russian state assets to Ukraine. A bipartisan bid in the US Congress to provide $54.6 billion in aid to Ukraine over the next two years also deserves widespread support. The US envoy Steve Witkoff is reportedly being dispatched, yet again, to Moscow. He has little thus far to show for his many chats with Mr Putin. If the US itself is not to be irrevocably weakened on the world stage, he must show that he, and his boss in the White House, finally mean business.

'Russia stunned into silence' by Donald Trump's nuclear subs move
'Russia stunned into silence' by Donald Trump's nuclear subs move

Daily Record

time2 hours ago

  • Daily Record

'Russia stunned into silence' by Donald Trump's nuclear subs move

Donald Trump announced the deployment of two nuclear submarines following "foolish and inflammatory statements" by former Russian President Dmitry Medvedev Russia has been left seemingly speechless after US President Donald Trump's decision to deploy two nuclear submarines in response to Moscow's rhetoric. The move, which saw the subs dispatched to "in appropriate regions" came after "foolish and inflammatory statements" by Russia 's ex-President Dmitry Medvedev. ‌ Mr Trump refrained from disclosing the exact location of the submarines or clarifying if they were nuclear-powered or armed. ‌ BBC's Russia Editor Steve Rosenberg reported a lack of immediate response from Russian officials, noting on BBC News: "Interestingly, there has been no reaction so far from the Kremlin, from the Foreign Ministry, from the Defence Ministry - anyone here, really. ‌ "I think everyone is trying to work out what on earth is going on and what, if anything, has changed in relations to where these nuclear subs are being positioned." Rosenberg observed that the announcement had unsettled Moscow's stock market, following over three years of "bombastic and provocative" commentary from Medvedev, reports the Express. ‌ He further noted: "There has been reactions from the Moscow stock market, which has fallen sharply. Judging by the reactions in the local media here, Russians are surprised to say the least by President Trump's post. "I suspect that nobody is more surprised than Dmitry Medvedev himself, because for more than three years he has been tweeting and posting some very bombastic and provocative social media posts - most of which have gone unnoticed, I have to say. "But now suddenly he has been noticed and he has gone under the skin of the President of the United States in a big way." ‌ Mr Trump revealed the submarine deployment on his Truth Social platform. He posted: "Based on the highly provocative statements of the Former President of Russia, Dmitry Medvedev, who is now the Deputy Chairman of the Security Council of the Russian Federation, I have ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that. "Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances. Thank you for your attention to this matter!". This followed Medvedev's warning to the US president about Russia's Soviet-era nuclear strike capabilities that could be deployed as a final option.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store