Nova Poshta, a leading express shipping company in Ukraine, has raised the cost of deliveries to the United States by at least 10% due to changes in U.S. tariff policies. The company cited the cancellation of Washington’s duty-free threshold for goods valued under $800 as the main reason for the price hike. This change has been implemented immediately, affecting the cost of international shipments from Ukraine to the United States.
The new policy means that businesses and individuals sending goods from Ukraine to the U.S. will now face higher shipping expenses. Nova Poshta has stated that the increased cost is necessary to account for the additional tariffs imposed by the U.S. government. This development comes as part of a broader trend of increased trade barriers and regulatory changes affecting international commerce.
Experts suggest that the rise in shipping costs could have a significant impact on the Ukrainian economy, particularly for small and medium-sized businesses that rely on international trade. The change may also affect the U.S. market by making goods from Ukraine more expensive for American consumers. Nova Poshta has indicated that it is working to find ways to mitigate the impact of these changes on its customers.
In response to the news, the U.S. Department of Commerce has confirmed that the duty-free threshold for goods from Ukraine has been removed. This decision was made as part of a broader effort to impose additional tariffs on goods from Ukraine. The move has sparked discussions about the potential long-term effects on bilateral trade relations and the impact on businesses operating in both countries.
While the immediate impact of the cost increase is clear, the long-term implications remain uncertain. Some analysts believe that this could lead to further trade restrictions and increased costs for international shipping. Others argue that the change may encourage more direct trade relationships between the two countries, reducing reliance on third-party logistics companies like Nova Poshta.