The Trump administration is moving forward with a plan to close a trade loophole that previously allowed cheap goods from China to avoid tariffs.
Packages valued at less than $800 have enjoyed the "de minimis" exemption from added duties, which has enabled foreign online retailers like Temu and Shein to sell super cheap items to American consumers.
Trump on Wednesday signed an executive order ending the loophole on shipments from China beginning May 2.
The president had briefly suspended the duty loophole in the early days of his second term before restoring the exemption while the Commerce Department put together a plan to "fully and expediently process and collect tariff revenue."
The Commerce Department has since declared that "adequate systems are in place to collect tariff revenue" on low-value international shipments, the White House said Wednesday.
Applicable duties will be attached to shipments under $800 that are sent from China to the U.S. outside of the international postal system, according to the White House.
Shipments under $800 that are sent through the international postal network will be "subject to a duty rate of either 30% of their value or $25 per item (increasing to $50 per item after June 1, 2025)."
Posted by John3262005
8 Comments
Donald the environmentalist eviscerates fast fashion
You know what? I don’t think these guys really thought this all out.
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This will also kill a lot of direct-to-consumer sites.
> 50 dollars per item
If this will be the _minimum_ surcharge, i will have to actually congratulate trump, he managed to make a worse import tax system than what Brasil had during my lifetime.
Genuinely baffling.
Is de minimis staying in place for Canadian goods?
I read articles when he first tried removing the de minimis exception. And I read this one. I’m still unsure if the exemption is removed across the board or only applies to China because the articles are not written very clearly.
If my dad can’t get his random cheap-ass little doodads, thingamabobs, doohickeys, and watchamacallits from Temu, he might actually fucking riot lmao