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Mexico suspends package shipments to US ahead of Trump tariff deadline

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1 week ago

With the deadline to end the de minimis exemption that allows duty-free shipment of packages into the U.S., Mexico's postal service, Correos de México, has paused package delivery to its northern neighbor.A July 31 Department of Homeland Security press release explained that "Under the de minimis treatment, imported goods that are valued at or under $800 were exempt from tariff duties."Due to an executive order issued by President Donald Trump, the de minimis exemption will end on Friday, Aug. 29.TRUMP ISSUES ULTIMATUM, THREATENING TARIFFS OVER DIGITAL TAXES AND REGULATIONS"For this reason, Co...

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1 week ago
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