Things have been relatively quiet on the tariff front recently, but the US has just announced a big change--it is ending the 'de minimis' exemption on low-cost shipments entering the country.
Up until now, a shipment worth $800 or less has been exempt from the global tariff situation due to the longstanding 'de minimis' exception. Most countries have a de minimis exemption, meaning that individuals can easily purchase items from abroad. This meant that before this change, an individual order of a product entering the US would not be affected by tariffs--the costs would be incurred only on larger shipments, such as those from game publishers importing stock into the country. Before today you could order a $60 game (or, indeed, a $700 game) from anywhere in the world, and it would incur no tariffs.
From August 29th, the de minimis exemption will end for all packages. This means that any tariffs which previously applied only to shipments of $800 or over will now apply even to that $7 t-shirt you bought from overseas.
The move is designed to hurt large online retailers, often in China, which ship cheap goods globally.
So, how will it affect the tabletop gaming industry?
- If you are in the US, and buying a game from outside your country, that game will now be subjected to the tariffs no matter how much it costs.
- If the publisher you are buying from has a US warehouse or distributor, the situation won't change--they will have paid the tariff when their large shipments (worth far more than $800) arrived at port.
- If you are buying books, as yet there are still no tariffs. The tariffs will kick in on boxed sets, boardgames, and other packages which contain non-book items.