What Is the De Minimis Exemption and Its Big Impact on Small Businesses

What is the de minimis exemption and its big impact on small businesses

The words 'de minimis exemption' may not be familiar to all Canadians, but the American government’s move to scrap that tariff exemption for low-value parcels may have a significant impact on small businesses across this country.

What is the ‘de minimis’ exemption Trump just suspended? Take our business and investing news quiz

Take our business and investing news quiz to test your recall of the top stories of the week ending Aug. 1

Trump ends de minimis tariff exemption, hitting UK exporters and global e-commerce – Your Capital Minds

President Donald Trump has signed an executive order to eliminate the long-standing de minimis tariff exemption for low-value imports into the United States—significantly increasing costs for UK exporters, global e-commerce sellers, and American consumers buying inexpensive goods from overseas. From 29 August 2025, all goods entering the US valued under $800 will be subject to full duties, based on the country of origin and product category. The…

Trump ends de minimis tariff exemption, hitting UK exporters and global e-commerce

President Donald Trump has signed an executive order to eliminate the long-standing de minimis tariff exemption for low-value imports into the United States—significantly increasing costs for UK exporters, global e-commerce sellers, and American consumers buying inexpensive goods from overseas. From 29 August 2025, all goods entering the US valued under $800 will be subject to full duties, based on the country of origin and product category. The…

Tariffs: 'De Minimis' Exemption Ended, Affects...

Things have been relatively quiet on the tariff front recently, but the US has just announced a big change--it is ending the 'de minimis' exemption on...