Trump suspends exemption for low-value imports under $800
UNITED STATES, JUL 30 – The executive order targets a surge from 134 million to 1.36 billion low-value shipments since 2015, aiming to stop synthetic opioid smuggling and unfair trade, the White House said.
- President Donald Trump signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries.
- The order, effective August 29, will impose duties on imported goods worth $800 or less, according to the White House.
- A federal trade court declined to block the de minimis ban despite a legal challenge from an auto parts retailer.
- Officials stated that the volume of de minimis shipments has increased significantly, reaching 309 million units this fiscal year.
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Sorry, Etsy and Temu Shoppers, Your Cheap International Orders Are About to Get More Expensive
Trump previously ended a loophole that allowed for duty-free packages under $800 from China and Hong Kong, but he's now suspended it for all countries, citing 'illicit-drug importation.'
·United States
Read Full ArticleUS consumers need to adapt to more expensive orders from abroad, because US President Trump is lifting the de minimis rule: small packages will require suppliers to pay between 80 and 200 dollars in future.
·Germany
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+2 Reposted by 2 other sources
Especially direct orders of very cheap products with foreign suppliers should thus become unattractive for many Americans.
·Vienna, Austria
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Total News Sources48
Leaning Left10Leaning Right4Center14Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 36%
C 50%
14%
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