Key Takeaways:
Loophole Closed: Trump ended the “de minimis” exemption that let foreign retailers ship goods under $800 into the U.S. tariff-free, causing an 80 percent drop in imports.
Level Playing Field: The move forces companies like Shein and Temu to compete fairly...
Key Takeaways:
Trump Ends $800 Duty-Free Loophole: An executive order signed by President Trump will end the de minimis exemption for imports under $800, effective August 29. Low-value goods entering the U.S. will now face full customs duties.
Shein and Temu...
