DHL Express said it would be scaling back on many shipments to the U.S.
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00:00As companies around the globe grapple with mounting tariffs, one of the world's largest logistics firms is pulling back on U.S. shipments for another reason, Customs.
00:09Germany's DHL Express says it will stop all business-to-consumer shipments to the U.S. worth more than $800.
00:15Up until now, formal entry processing at U.S. Customs was only required for shipments of more than $2,500, but that number has now been cut by more than two-thirds.
00:25However, DHL said it would continue business-to-business shipments, albeit with possible delays.
00:31Importing goods from overseas is getting tougher and tougher for Americans.
00:35While the DHL move isn't tariffs-related, other global shippers have scaled back or stopped shipments entirely to the U.S.
00:41Most recently, Hong Kong Post said it will be suspending shipments of goods by sea,
00:46accusing the U.S. of bullying after the Trump administration canceled tariff-free trade provisions for packages coming from China and Hong Kong.
00:53That'll do it for your daily briefing.
00:55From New York City, I'm Kelsey Barbario with The Street.