Thursday, May 1, 2025

As Trump closes the de minimis exemption on May 2, small online sellers on platforms like Etsy and eBay scramble to adapt; DHL and FedEx face duties up to 145% (Danielle Kaye/New York Times)

Danielle Kaye / New York Times:
As Trump closes the de minimis exemption on May 2, small online sellers on platforms like Etsy and eBay scramble to adapt; DHL and FedEx face duties up to 145%  —  Independent vendors who sell on sites like Etsy and eBay are trying to blunt the pain from tariffs on low-cost Chinese-made goods.



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Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...