WNYUZ
No Result
View All Result
  • Home
  • Politics
  • Opinion
  • Business
  • World
  • Health
  • Entertainment
  • Tech
  • Home
  • Politics
  • Opinion
  • Business
  • World
  • Health
  • Entertainment
  • Tech
No Result
View All Result
WNYUZ
No Result
View All Result
Home News

Trump suspends de minimis exemption for low-value imports

July 30, 2025
in News
Yahoo news home
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

President Trump on Wednesday signed an executive order suspending what’s known as a de minimis exemption allowing low-value parcels that are shipped to the United States to avoid tariffs.

The White House said it’s closing what it called a “catastrophic loophole” that shippers use to “evade tariffs and funnel deadly synthetic opioids or below-market products” into the U.S. The order goes into effect Aug. 29.

The exemption had applied to parcels valued at $800 or less, and allowed overseas retailers to ship inexpensive goods to consumers in the U.S. tax-free.

“President Trump is putting an end to the proliferation of shippers worldwide that, among other things, deceptively exploit the de minimis privilege in an effort to evade duties, inspection, and U.S. law,” the White House said in a fact sheet outlining the new policy.

Mr. Trump in May ended the de minimis loophole for imports from China and Hong Kong, which had allowed retailers like Shein and Temu to ship ultra low-cost apparel and other goods to U.S.-based consumers at bargain-basement prices. Shipments from China and Hong Kong account for most de minimis shipments to the U.S. according to the White House.

The de minimis provision, which was added to the Tariff Act of 1930 several years after that law’s passage, was intended to facilitate trade by eliminating the administrative burden of collecting modest import duties on low-cost goods.

The number of low-value parcels entering the U.S. has surged over the past decade. Between 2015 and 2025, that figure jumped from 134 million shipments per year to nearly 1.4 billion. Customs and Border Patrol processes more than 4 million de minimis shipments to the U.S. daily, according to the White House.

Retailers such as Shein and Temu were forced to scramble when the loophole for imports from China and Hong Kong was suspended earlier this year. China-based Temu halted shipments of Chinese goods to American customers and shifted to only selling products to U.S. shoppers that could be sourced from the company’s U.S. warehouses.

Watch: Hawaii Gov. Josh Green gives update on tsunami warning

Forensics expert analysis of Jeffrey Epstein jail video contradicts government’s claims

Russia reacts to Trump’s new deadline on Ukraine ceasefire

The post Trump suspends de minimis exemption for low-value imports appeared first on CBS News.

Tags: CBS Newsde minimisPresident TrumpWhite HouseYahooYahoo News
Share196Tweet123Share
Yahoo news home
News

ICE says detained Maine police officer overstayed visa. The chief says he cleared a federal check

July 31, 2025

OLD ORCHARD BEACH, Maine (AP) — The chief of police in a Maine resort town has called for an investigation ...

Read more
News

Bessent calls Trump baby accounts ‘backdoor for privatizing Social Security’

July 31, 2025
News

Two of Ozzy Osbourne’s Kids Seemingly Skipped His Funeral Procession After They Were Left Out of Family Statement

July 31, 2025
News

Teacher arrested for Arkansas double murder while getting haircut: Police

July 31, 2025
News

Colorado dentist sentenced to life in prison for poisoning his wife’s protein shakes

July 31, 2025
Yahoo entertainment home

Jon Stewart Jokes Trump Did What Anybody Who Was Innocent of Working With Epstein Would Do: ‘Fled the Country’

July 31, 2025
Yahoo news home

A Woman Was Found in Burning Car with Bleach in Throat — and She Was Set to Testify Against One of the Suspects

July 31, 2025
Yahoo creators home

A genius woman has made a career of sitting in parked cars — and she’s looking to expand her team!

July 31, 2025

© 2025 WNyuz.com

No Result
View All Result
  • Home
  • Politics
  • Opinion
  • Business
  • World
  • Health
  • Entertainment
  • Tech

© 2025 WNyuz.com