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‘Chaotic moment’: How Trump threw a wrench in the gears of Canadian e-commerce

11th Feb 2025 | 11:00am
On any given day, Canadian-based logistics company GoBolt processes and ships nearly 100,000 items for retailers such as Holt Renfrew & Co. Ltd. and IKEA. Around 65 per cent of its deliveries are destined for the U.S., and virtually all of those are valued at US$800 and under, which qualifies them for what’s known as the “de minimis” exemption to the Tariff Act of 1930. Read More