End of US Parcel Tax Relief Threatens Ebay, Etsy Trade The recent decision to eliminate the “de minimis” exemption for small parcels entering the United States has sent shockwaves through the e-commerce world, particularly affecting platforms like eBay and Etsy. This move is poised to significantly increase the cost of international shipments for these retail […]
Mexico Raises Import Taxes on Online Purchases From Shein, Temu
Mexico Raises Import Taxes on Online Purchases From Shein, Temu In a move that has raised eyebrows and sparked discussions worldwide, Mexico has recently decided to increase import taxes on online purchases from popular Chinese e-commerce platforms like Shein and Temu. This decision comes as pressure mounts from the United States, signaling a shift in […]
TSMC threatens to scale back Arizona fabs over US chip tariffs
TSMC Considers Scaling Back Arizona Fabs Due to US Chip Tariffs Taiwan Semiconductor Manufacturing Company (TSMC), a global leader in semiconductor manufacturing, has recently voiced concerns about potentially scaling back its ambitious $165 billion investment plan in Arizona. This decision comes as a response to the looming threat of import taxes on chips, a move […]
US exempts key electronics from China import taxes
US Delays Tech Import Taxes Amid Trade Tensions with China In the midst of escalating trade tensions between the United States and China, a recent development has emerged that could potentially ease the strain on the tech industry. The US government has decided to exempt key electronics from import taxes, providing a much-needed respite for […]