The USA sticks to plans on charges for some small parcels

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• 00:00

  Hello, and welcome to World Business Report from the BBC World Service.

• 00:04

  I'm Roger Hearing, and on this edition,

• 00:06

  a last-minute lifeline for small businesses affected by the end of a long-standing tariff exemption on small items coming into the US.

• 00:14

  Also, the Fed governor that Donald Trump wants to fire fights back with a legal challenge.

• 00:20

  Raids across Brazil as the authorities there try to close down a $10 billion money laundering operation.

• 00:26

  Also, we speak to the man at the centre of a multi-billion... investment in US shipbuilding.

• 00:31

  And how old is too old for a pilot?

• 00:35

  It is no reason to have an arbitrary age.

• 00:38

  Some pilots are unfit at 55 and others are still fit at 75.

• 00:42

  But the airlines say they want to raise the current retirement age from 65 to 67.

• 00:49

  But let's start with that development within the last couple of hours.

• 00:52

  Now, if you've been listening to the programme this week,

• 00:53

  you'll know that the end of the so-called de minimis exemption on tariffs of small parcels worth under $800 arriving in the US was coming to an end.

• 01:04

  Now, that was causing a lot of headaches.

• 01:07

  Multiple countries halted postal services to the US altogether,

• 01:11

  and many small businesses inside and outside the US were in despair.

• 01:15

  Well, a few days ago, I spoke about all this to Kate Moot,

• 01:18

  who's executive director of the International Mailers Advisory Group in Virginia.

• 01:23

  Now, she joins me again now because, Kate, something's changed.

• 01:26

  Now, we know that the actual ending of the exemption is definitely going to happen.

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