Summary: The removal of tariff exemptions on low-value shipments to the US, effective August 29, is impacting small business owners in Singapore. The de minimis provision, which allowed shipments under US$800 to be tariff-free, has been suspended, leading to significantly higher shipping costs. This has forced businesses like LingGlass and Eunice Denise to halt US shipments, while others are exploring alternative shipping options and adjusting pricing strategies.

Link: https://www.businesstimes.com.sg/singapore/losing-job-spore-small-business-owners-hit-axed-us-tariff-exemption-low-value-goods