I read yesterday that Donald has removed the 'de minimis' tax exemption on packages arriving in the US from overseas, I was shocked that the tax free allowance was $800 which seems a lot considering the UK exemption is about £130.
What concerned him was packages from China (Temu and the like) have gone from $1.5 billion 5 years ago to $22.5 billion per year today.
Biden talked about something similar last year but perhaps forgot about it.
Today I read the EU has made a grand announcement of doing the same.
Donald certainly seems to have the herd following his moves.
What concerned him was packages from China (Temu and the like) have gone from $1.5 billion 5 years ago to $22.5 billion per year today.
Biden talked about something similar last year but perhaps forgot about it.
Today I read the EU has made a grand announcement of doing the same.
Donald certainly seems to have the herd following his moves.
