DHL announced that it is suspending some of its global shipments from businesses to consumers in the U.S. due to the impacts of tariffs.
The Germany-based courier company stated that the change is a result of new U.S. customs rules, adding more red tape that came into effect along with tariffs earlier this month.
Previously, packages valued at up to $2,500 could enter the U.S. with minimal paperwork; however, that threshold has now been lowered to $800.
RELATED STORY | JPMorgan Chase predicts 60% chance of recession despite Trump’s tariff freeze
Shipments below that value will not be impacted, DHL stated.
Business-to-business deliveries will continue but may experience delays.
DHL indicated that it would continue to monitor the situation but expects the changes to be temporary.