UPS, FedEx to Benefit from New US Trade Rules

Discussion in 'The Latest UPS Headlines' started by cheryl, May 6, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    UPS, FedEx to Benefit from New US Trade Rules - Bidness Etc

    Big opportunities lie ahead for package-delivery companies, as changes in US trade rules have now made it easier for American consumers to buy foreign goods online. As per the updated rules, implemented last month, Americans can now import up to $800 worth of most foreign products without paying any duties or tax.

    Previously, Americans could import up to $200 worth of products without paying duties or tax. Any orders that exceeded the $200 mark were charged 110% duty that more than doubled the price of the product.