Why is Trump ending the ‘de minimis’ tariff loophole on low-value goods?
theguardian.com/us-news/2025/may/02/why-is-trump-ending-de-minimis-tariff-loophole-low-value-goods
Imports worth less than $800 will be subject to 120% levy meaning prices on Chinese exports will probably increase
At one minute past midnight on Friday, eastern time, a US tariff exemption that has fuelled the rise of companies such as Shein and Temu, and stocked the wardrobes of…
This story appeared on theguardian.com, 2025-05-02 07:21:33.