loader image
Connect with us

International News

The ‘De Minimis’ Dilemma: Why global postal services halted U.S. shipments

Published

on

1,841 Views

On July 30, the U.S. President issued an executive order to suspend the long-standing de minimis treatment for all countries. This policy shift means all incoming shipments are now subject to tariffs and customs duties, regardless of their value. The new regulations make transport carriers and approved parties responsible for collecting these customs duties, a significant change from the previous system.

In response, national postal services in more than 30 countries—including major trading partners like the UK, Germany, France, Japan, and Australia—have ceased shipping small parcels to the U.S. Their stated reason is a lack of clarity in the new U.S. guidelines, and they are unwilling to risk non-compliance.

Impact on Small and Medium-sized Enterprises

The move has created a major disruption for small jewelry businesses and other online sellers who depend on postal services for international shipments. For many, the U.S. is their primary market. Platforms like Etsy, which are popular with artisans and small sellers, have been significantly affected.

  • Financial Strain: Small businesses typically operate on thin profit margins. The addition of customs duties and the logistical complexities of the new policy are making it difficult for them to remain profitable.
  • Operational Challenges: Without a clear and reliable method for shipping to the U.S., many businesses have been forced to suspend operations in that market. Some have reportedly closed their online stores entirely.
  • Market Access: The suspension of postal services effectively cuts off a crucial shipping channel, severely limiting market access for international sellers targeting U.S. consumers.

The end of the de minimis rule represents a fundamental shift in U.S. trade policy, moving away from facilitating low-value imports and toward stricter enforcement of tariffs. While the full long-term impact is still developing, the immediate consequences are clear: a significant disruption to global small parcel logistics and a major financial and operational challenge for small e-commerce businesses worldwide.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

DiamondBuzz

Diamond Slump forces Debswana to diversify into copper, platinum and solar

Diamond-centric mining models is giving way to broader resource portfolios

Published

on

1,813 Views

Debswana Diamond Company, the 50–50 joint venture between the Botswana government and De Beers, is moving to diversify into copper, platinum and renewable energy as the prolonged downturn in natural diamond demand pressures earnings and forces the industry to rethink its growth strategy.

The company’s board has approved plans to invest in a portfolio of non-diamond projects after revenue fell 46% in 2024, the latest available financial year, highlighting the scale of the downturn in the global diamond market.

The move signals a strategic shift toward commodities with stronger long-term demand fundamentals, particularly copper, which is central to global electrification and energy-transition infrastructure.

Debswana’s diversification reflects a broader industry pivot as diamond producers confront weak consumer demand, rising competition from lab-grown stones and elevated inventories across the supply chain.

The shift is also visible among smaller exploration companies. Botswana Diamonds recently rebranded as Botswana Minerals, signalling its own strategic focus on copper exploration rather than diamonds.

Together, these moves underscore a growing consensus across the sector: the era of diamond-centric mining models is giving way to broader resource portfolios anchored in energy-transition metals.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x