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Commencing on August 29, the United States has terminated the tax exemption policy for low-value imported goods, imposing additional fees of $80, $160, and $200 on countries based on their respective tariff rates. This decision has significantly impacted cross-border e-commerce platforms like Amazon, TikTok Shop, and Etsy, with several nations already ceasing the shipment of low-value parcels to the U.S. Analysts emphasize that these new regulations will exacerbate the economic strain on American consumers and small businesses, resulting in estimated annual economic losses of approximately $47 billion. In response to the rising costs, numerous overseas companies have opted to either halt shipments to the U.S. or pass on the additional fees to consumers. The White House has stated that this measure is intended to combat drug smuggling and safeguard local industries.
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