Trump to axe de minimis exemption on 29 August – rates and red tape to soar
US de minimis privileges will be wiped globally as the CBP bolsters its capabilities, with ...
© Khunaspix Dreamstime.
By Alex Lennane
The Economist has an interesting article on the impact of protectionism, as well as Brexit, on the express operators. As Fred Smith, reportedly, gives up fully focusing on FedEx to spend more time fighting for free trade, the integrators are increasingly concerned about the actions of the new US president. In Europe, meanwhile, delivery prices are expected to rise in anticipation of the UK leaving the Customs Union. Is the era of unhampered growth in express coming to an end – just as the e-commerce sector takes off?
Comment on this article