
US ends ‘de minimus' tariff exemption for all low-value packages
Under an executive order signed by U.S. President Donald Trump on Wednesday, packages valued at or under US$800 sent to the U.S. outside of the international postal network will now face 'all applicable duties' starting August 29, the White House said.
Trump earlier targeted packages from China and Hong Kong, and the White House said the recently signed tax and spending bill repealed the legal basis for the de minimis exemption worldwide starting on July 1, 2027.
2:07
Carney says U.S. trade talks at 'intense phase,' as deadline looms
'Trump is acting more quickly to suspend the de minimis exemption than the OBBBA requires, to deal with national emergencies and save American lives and businesses now,' the White House said in a fact sheet, referring to the bill known as the One Big Beautiful Bill Act.
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Goods shipped through the postal system will face one of two tariffs: either an 'ad valorem duty' equal to the effective tariff rate of the package's country of origin or, for six months, a specific tariff of $80 to $200 depending on the country of origin's tariff rate.

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21 minutes ago
Flight attendant says Delta put 'profits over safety' in Toronto plane crash
A flight attendant awarded for her heroism after the Delta Air Lines crash in Toronto earlier this year is now suing the company, alleging it cut corners on safety and knowingly put passengers at risk, CBC News has learned. In a 15-page complaint filed in U.S. federal court in Michigan this week, Vanessa Miles says she was badly injured in the incident and is seeking at least $75 million US in damages. The lawsuit claims Delta and its subsidiary, Endeavor Air, are liable for negligence after assigning an inexperienced pilot and failing to properly train the flight crew. The airlines have not responded to Miles's allegations and her claims have not been tested in court. The fiery landing on Feb. 17 saw the Bombardier CRJ-900 flip upside down and skid along the runway at Toronto's Pearson International Airport, sending at least 21 people to hospital. Flight 4819 — operated by Endeavor — had taken off from Minneapolis with 80 passengers and crew. Enlarge image (new window) Longtime flight attendant Vanessa Miles says in a $75-million US lawsuit that she was severely injured in the February crash of Delta Air Lines Flight 4819 in Toronto. Photo: Mike Morse Law Firm According to her lawsuit, the 67-year-old was employed as an Endeavor flight attendant at the time of the incident, but wasn't working that afternoon. Instead, she flew as a passenger to be in position for her next assignment — a practice in the industry commonly known as deadheading. Attorney blames 'somebody's negligence' Michael Morse, the owner of the law firm hired by the plaintiff said Miles is still an Endeavor employee, but has been unable to work while recovering from her injuries. Something went wrong here, Morse said in an interview. These things don't just happen without somebody's negligence. In the complaint, Miles recounts being rendered unconscious while hanging upside down from her seatbelt after the plane came to a stop on its roof. She regained consciousness and found herself soaked in jet fuel and surrounded by smoke, Miles's lawyer Madeline M. Sinkovich wrote. Miles, who lives in Detroit, was treated in a Toronto hospital and suffered multiple injuries, including to her knees and back, a broken left shoulder, plus post-traumatic stress disorder, according to her lawsuit. Defendants knowingly, willfully, and repeatedly place profits over safety, resulting in this catastrophic incident and Plaintiff's severe injuries, the complaint reads. Enlarge image (new window) The wreckage of a Delta Air Lines-operated CRJ900 aircraft lays on the runway after a plane crash at Toronto Pearson International Airport on Feb. 18. Photo: Reuters / Cole Burston Miles alleges the airlines displayed a disregard for passenger safety in pursuit of operational efficiency by assigning an inexperienced and inadequately trained pilot. What's more, she says Delta and Endeavor failed to properly maintain the plane's landing gear or establish adequate emergency response procedures. Miles was among the airline staff honoured earlier this year by the U.S. Association of Flight Attendants with an award for their heroism beyond the call of duty in the minutes following the crash. Miles and another off-duty flight attendant sprang into action, assisting [the cabin crew] in an effort to get everyone to safety, even while injured themselves, the association said. Companies deny claims Her lawsuit adds to a growing chorus of complaints filed in U.S. courts in connection with the Toronto incident. According to a CBC News review of court records, Canadian and U.S. passengers have filed at least 19 lawsuits against Delta and its Minnesota-based subsidiary. Plaintiffs claim that these injuries and losses are Delta's and Endeavor's fault, and not the fault of any other party, the companies' attorney Michael G. McQuillen wrote in a filing in May. Defendants deny these allegations. Delta spokesperson Morgan Durrant declined to comment on the case but said in an email that both flight crew members on Flight 4819 were qualified and [U.S. Federal Aviation Administration] certified for their positions. WATCH | Air safety investigators reveal initial findings: Canada's Transportation Safety Board (TSB) previously said the first officer — who completed her training 10 months before the crash — was operating the aircraft at the time, while the more experienced captain was seated next to her. Durrant said Delta and Endeavor are cooperating with the ongoing TSB investigation. When the TSB released its preliminary findings (new window) in March, it noted a high rate of descent in the flight's final seconds, as well as an unusual nose pitch. Still, the agency said it was too early to tell what caused the hard landing. The TSB's full report into the incident is expected to be released by the fall of 2026.


Toronto Sun
21 minutes ago
- Toronto Sun
LILLEY: Carney's move on Palestinian State may cost Canada with Trump
The decision to recognize a Palestinian State at this point is morally wrong, it may also have political repercussions for Canada. Get the latest from Brian Lilley straight to your inbox Prime Minister Mark Carney walks with President Donald Trump after a group photo at the G7 Summit, Monday, June 16, 2025, in Kananaskis, Canada. (AP Photo/Mark Schiefelbein) As if Canada wasn't facing enough obstacles in getting a trade deal with Donald Trump and the Americans, Mark Carney had to go and make it worse. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The prime minister's announcement that Canada will recognize a Palestinian State this September at the United Nations quickly caught the eye of Trump. Trump has been a steadfast supporter of Israel in its war against Hamas even if at times he has been at odds with Israeli Prime Minister Benjamin Netanyahu. 'Wow! Canada has just announced that it is backing statehood for Palestine. That will make it very hard for us to make a Trade Deal with them. Oh' Canada!!!' Trump posted shortly after midnight. The singular focus for Trump in the Middle East has been releasing the hostages and getting to a peace deal. Carney should realize that his announcement that Canada will join France, Britain and other countries in recognizing a Palestinian State is actually an impediment to peace. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. In fact, it was a statement that Canada signed on to on July 21 putting all the onus on Israel to find a way to a ceasefire that derailed the most recent talks. Days after that statement, endorsed by 26 countries, Hamas walked away from the talks being brokered in Doha. Why do you need to accept a ceasefire or any conditions when countries such as Canada, Australia, France, Ireland, Italy, Japan, Poland, Portugal, Spain, and others are willing to show support for Hamas while laying no blame on the terrorist group for the situation in Gaza? That statement was a boost for Hamas, and they took it for what it was worth, walking away from the negotiating table. Steve Witkoff, Trump's special envoy on the Middle East, said Hamas was not being a good partner at the table. This advertisement has not loaded yet, but your article continues below. 'Hamas does not appear to be coordinated or acting in good faith,' Witkoff said last week. 'We will now consider alternative options to bring the hostages home and try to create a more stable environment for the people of Gaza.' Now, Witkoff is back in the region and trying to salvage a peace deal. Trump took again to social media early Thursday to put forward his view. 'The fastest way to end the Humanitarian Crises in Gaza is for Hamas to SURRENDER AND RELEASE THE HOSTAGES!!!' Trump posted to Truth Social. Why would Hamas surrender, though? Why would they release the hostages? They have been rewarded for their terror attacks, rewarded for the brutality they have shown to their own people and to Israel by having France, Britain and Canada all pledge support for recognizing a Palestinian State within the last week. This advertisement has not loaded yet, but your article continues below. This is a major win for Hamas, a major setback for Trump's attempts to land a peace deal, and now, a major setback in our attempt to land a trade deal with the Americans. I'm of the view that Canada should not have offered up recognition of a Palestinian State until Hamas had surrendered, released the hostages, and the fighting had stopped. We should not be recognizing a Palestinian State when the people in charge of a large part of what will become that state do not believe in a two-state solution or Israel's right to exist. That said, even supporters of moving in the direction that Carney did on Wednesday cannot be so thick that they didn't foresee what Trump's response would be. We are at the deadline and the closest friend and neighbour to the Americans undermines a major policy of the American president. This was an idiotic move on so many fronts, but the timing is boneheaded beyond belief. This advertisement has not loaded yet, but your article continues below. I thought we were told that we had adults running the show now, I thought the smart set were back in charge. Read More All of this makes me wonder, as do other moves by Carney on the trade file, if this isn't all on purpose. Carney may be setting Canada up to dig in on a trade war with Trump because he knows that it's politically popular. Sure, it may cost jobs, put people's livelihoods on the line, and damage the economy, but much of the Canadian public would welcome a fight with Trump. If thinking Carney is doing this sounds far-fetched, the alternative is to acknowledge utter incompetence in the highest office in the land. I'm not sure which is worse. blilley@ Toronto & GTA Celebrity Canada Canada Canada


The Market Online
21 minutes ago
- The Market Online
Rick Rule on the Economy, Critical Minerals & Battle Bank:'We're in a New Era'
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Rick Rule: A Nervous Credit Guy in a Soft Economy 'I'm afraid I'm not an economist,' Rule begins, almost too casually for someone who's spent decades decoding markets. 'But as a credit guy, I'm pretty nervous.' He points to industrial commodity prices as a clear signal that all is not well beneath the surface. 'Before the renewed conflict in the Middle East, we had flat to falling oil supply—and still falling prices. That tells you demand is weak, which tells you the economy is weak.' In addition, Rule is wary of what he calls 'transactional politics.' In particular, U.S. tariff policy. 'Mr. Trump's tariffs—reduced to their essence—are taxes. And taxes are bad. They're bad for the American economy and the global economy.' Technology as the Bright Spot All things considered, Rule sees reasons for long-term optimism. 'Technology continues to advance—AI in particular. It'll be hard on people who don't know how to add value, but it will absolutely lower the cost of producing goods and services.' Rule's trademark realism comes with a punch of optimism: 'Amazingly, technology allows individual human beings with creativity, tenacity, and hard work to fund our collective stupidity.' Rick Rule on Critical Minerals Realignment Shifting to the critical minerals sector, Rule outlines a fast-changing global landscape. 'We're seeing the division of the world into strategic trading blocs,' he says, noting that Asian and Western economies alike are seeking independence from the Chinese supply chain. 'That's great news for critical and strategic metals outside China's orbit. Governments are even moving quickly—shockingly quickly.' In this case, 'We just saw a uranium mine in the U.S. get permitted in under a month. I never thought I'd see that in my lifetime.' In addition, he believes state-backed efforts to support domestic supply chains could make shareholders the unexpected winners. 'Governments may choose to subsidize the supply chain—stealing money from taxpayers to reward shareholders. It's perverse, but it's happening.' The Battle Bank Vision: Empowering the Self-Directed Rule is also channeling his retirement energy into launching Battle Bank, a modern, online financial institution built specifically for savers and investors who want more than what traditional banks offer. 'This is a bank for the self-actualized customer,' Rule says. 'People who want to take control of their financial future.' Battle Bank will allow clients to hold multi-currency accounts, earn interest on high-yield money markets, and even use gold and silver as collateral for margin loans—starting at just $10,000, not the $10 million most banks require. 'We believe gold is good collateral,' Rule adds. 'The Royal Bank of Canada agrees—if you're a billionaire. We just lowered the bar.' The bank is also pioneering 'checkbook IRAs,' allowing Americans to use their retirement funds to buy real estate, franchises, or physical assets. 'Your IRA is your IRA,' Rule emphasizes. 'Not a dumping ground for Wall Street products.' Rick Rule: Investing Ahead of the Curve Rule has his eye on the rare earth space, particularly companies outside China. 'I'm a shareholder in Meteoric Resources in Australia and Aclara Resources in Canada/Brazil. I'm looking at others, but I admit, I'm still learning.' 'I'll be an amateur in a month,' he jokes, before adding, 'There are 30 self-proclaimed experts in rare earths. In this case, 'The more I talk to them, the less I think they know.' In between running the Rule Symposium, co-founding Battle Bank, and while continuing his investments in the critical minerals sector, Rick Rule is clearly not retiring in any traditional sense. What keeps him going? 'I love this stuff,' he says with a grin. 'And frankly, I'm not done yet.' Be sure to catch Rick Rule's other segments, Wise Advice from the Intelligent Investor, and his top book suggestions. Be sure to stay up to date on all the latest stock market news at Join the discussion: Find out what everybody's saying about uranium, oil and gas, precious metal stocks and more by checking out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.