August 30, 2025 - 00:56
Online shoppers are bracing for potential price increases and delivery delays following the recent termination of the de minimis tariff exemption. This change, effective as of Friday, means that goods valued below a certain threshold, which previously enjoyed tariff-free entry into the country, will now be subject to import duties.
The de minimis exemption had allowed consumers to purchase items from overseas without incurring additional costs, making international shopping more accessible and affordable. With its end, consumers may find themselves paying more for items that were once exempt from tariffs, leading to a rise in overall shopping expenses.
Small businesses, which often rely on importing goods to maintain competitive pricing, could also feel the impact. Increased costs may force them to raise prices, potentially leading to a decrease in sales as consumers adjust their spending habits. Overall, this development signals a significant shift in the landscape of online shopping, prompting both consumers and businesses to rethink their purchasing strategies moving forward.
September 14, 2025 - 12:48
Tesla Board Chair Defends Elon Musk's Proposed $1 Trillion Compensation PackageTesla`s board chair is standing by the controversial proposed 10-year, $1 trillion compensation package for CEO Elon Musk, describing the debate surrounding it as somewhat peculiar. The package,...
September 13, 2025 - 18:48
Surge in IPO Activity: Seven Companies Go Public in a Historic WeekIn a remarkable turn of events, seven companies successfully went public over the span of just five days, each raising over $100 million in the process. This surge in initial public offerings (IPOs...
September 13, 2025 - 12:20
G7 Finance Ministers Evaluate Tariffs and Sanctions Against Nations Supporting RussiaThe Canadian finance ministry has announced that the finance ministers from the Group of Seven (G7) nations convened to discuss potential sanctions and trade measures aimed at nations perceived to...
September 12, 2025 - 20:21
Unlocking the Secrets to Successful Stock TradingWhat is the secret to making money by trading stocks? This week, financial educator Chris Sain shares valuable insights that can help beginners navigate the world of investing. In a recent episode,...