John Whelan: Ireland faces ripple from new US rules targeting low cost packages
Reeling from US import rules targeting low value shipments, Chinese exporters have shifted focus to European markets, bringing worries they will dump products at prices that will force the closure of Irish businesses, large and small.
Reeling from US import rules targeting low value shipments, Chinese exporters have shifted focus to European markets, bringing worries they will dump products at prices that will force the closure of Irish businesses, large and small.
Since August 29, the United States removed the $800 (around €680) de minimis threshold for commercial shipments, effectively making all shipments liable for full import duty. This change affects the vast majority of Irish businesses exporting low-value goods to the United States, including items previously exempt from tariffs and duties.
