London (Reuters) – While the United States ends a price exemption for small plots on Friday, some retailers have ceased to sell to American customers while others are looking for temporary bypass solutions in the hope that the tariff rate can be reduced.
The abolition of “of minmis” – the franchise processing of rights of electronic commerce packages worth less than $ 800 – for products from China and Hong Kong exhibits these goods at 145% prices on most Chinese products after the decision of the American president Donald Trump last month, a movement that upset the world trade and triggered Beijing reprisals.
British Beauty Products Space NK retailer has paused for electronic commerce orders and shipping in the United States “to prevent incorrect or additional costs be applied to our customers,” the company announced on Wednesday.
It is not alone. Agreement, a company based in Vancouver which sells support and underwear made in China, customers told an Instagram position that it would no longer be shipped to the United States due to prices, saying that it would resume once there would be a clarity.
“We go from zero to 145%, which is really untenable for businesses and untenable for customers,” said Cindy Allen, CEO of Multiplier Trade, a global commercial firm.
“I saw a lot of small and medium-sized businesses choose to get out of the market completely,” she added.
Import costs may vary depending on the shipping methods. For goods managed by the American postal service, the price will be 120% of their value, or $ 100 per package. The amount is expected to increase to $ 200 in June, according to directives for the implementation of customs and the protection of American borders.
Current price price
Players wishing to continue accessing the American market are forced to browse their price labels.
Oh Polly, a British clothing retailer, has increased prices in the United States by 20% compared to his other markets, and may have to consider new price increases due to higher rates, said general manager Mike Branney.
The rapid fashion giant based in Singapore, Shein sought to reassure customers in an article on his American Instagram account on Thursday, saying: “Some products can be assessed differently than before, but the majority of our collections remain as affordable as ever.” Shein sells clothes mainly made in China, and the United States is its largest market.
TEMU, the international branch of the Chinese electronic commerce giant PDD Holdings, presented products already in good place in American warehouses on its website, labeled “ local '', and a pop-up informed of customers that there would be no import costs for local warehouse items.
