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How the End of De Minimis is Significantly Impacting Global Trade

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Manage episode 504060012 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ted Rossman explains the “de minimis” exemption, which ended on Friday, and how it will impact trade. The exemption allowed international orders under $800 to bypass tariffs. He considers it a significant move for businesses and consumers, with many relying on it to keep costs down. It is “upending” the business models of high volume, low price foreign retailers, and many foreign postal services have temporarily stopped shipping to the U.S. in confusion. Ted previews what this could mean for the holiday shopping season, both for bigger retailers and DTC operators.

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7110 episodes

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iconShare
 
Manage episode 504060012 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ted Rossman explains the “de minimis” exemption, which ended on Friday, and how it will impact trade. The exemption allowed international orders under $800 to bypass tariffs. He considers it a significant move for businesses and consumers, with many relying on it to keep costs down. It is “upending” the business models of high volume, low price foreign retailers, and many foreign postal services have temporarily stopped shipping to the U.S. in confusion. Ted previews what this could mean for the holiday shopping season, both for bigger retailers and DTC operators.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

7110 episodes

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