What's Hot

Trump fine print: $ 800 for daily exemption for British Columbia companies.

Table of Content

If the proposed commercial tariffs of US President Donald Trump are implemented in early March, British Columbia companies are expected to take great success.

Currently, the De Minimis exemption allows small companies to send goods worth $ 800 across the border per day in the United States without having to pay the fees.

However, if Trump’s tariff enters into force next month, the executive will lead to the elimination of this exemption.

“About 80 percent of our customers are in the United States,” said Sarah Jaghir, who has local things, told Global News.

It runs an e -commerce company and sells children’s toys.

“I am incredibly uncertain,” said Jagger. “I am concerned about local things and their future. It is difficult to know how he will really play all of this.”

The story continues below the advertisement


Click to play the video:


The hopes of the hospitality industry “buy BC” gives local companies a boost


The elimination of companies will not only affect.

As for the news that affects Canada and around the world, he participated in the urgent news alerts that were delivered directly when it occurs.

Get national news

As for the news that affects Canada and around the world, he participated in the urgent news alerts that were delivered directly when it occurs.

Anyone who crosses to the United States with new elements and not for personal use can face potential duties and delay.

“I think they will affect the ability of Canadian companies to compete,” said Michel Augur with the Canadian Independent Business Federation.

“Especially those that are trying to compete with those multinationals, they increase their costs. They have no size to recover this cost at the end of the day.”

Augar said that they confirmed by the Canadian Border Services Agency that there would be no delay or issues on the border.

Trump’s tariff abolished the world’s exemption for all goods that leave China, which may affect retail packages such as Shin and Timo.

The story continues below the advertisement


Click to play the video:


Board BC expected in March amid possible commercial tariffs


& Copy 2025 Global News, a Division of Corus Entertainment Inc.



Source link

editor

anupsrinarayan@gmail.com http://i7news.in

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent News

Trending News

Editor's Picks

100 thousand eggs were stolen from a traile

Descrease Increase the font font size Pennsylvania police are scrambling to break the case after stealing 100,000 organic eggs from the back of the trailer during the weekend, as egg prices continue to rise in the United States. Boiled eggs, estimated at $ 40,000 (approximately $ 57276), was in a Pete & Gery’s Organics distribution...
 
i7 News is a comprehensive news platform that delivers the latest updates on a wide range of topics including politics, business, technology, sports, entertainment, and more.i7 News aims to be a reliable source of information for its audience

Popular Categories

Must Read

©2024- All Right Reserved. Designed and Developed by i7 Media