US Ends Duty-Free Parcels as E-Commerce Grows Too Big to Mail – Bloomberg.com
Image from Bloomberg.comWhat was once too much of a nuisance for the US to regulate became too big of an economic force to ignore any longer.
A US trade provision dating to the 1930s, which eventually cleared the way for more than a billion small parcels each year, ends on Friday. While winners and losers are emerging, the extra time, paperwork and money are gumming up the gears of global e-commerce and adding a fresh layer of confusion in President Donald Trump ’s reordering of international trade.
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