Meta First Invest
  • Politics
  • Investing
  • Tech News
  • Stock
  • Editor’s Pick
Editor's Pick

Trump ends de minimis exemption for global low-cost goods

by admin July 31, 2025
by admin July 31, 2025 0 comment

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries.

The order, which takes effect Aug. 29, will subject any shipments of imported goods into the U.S. worth $800 or less to duties, the White House said.

Any goods shipped through the international postal network will be subject to tariff rates based on the value of the package and its country of origin.

The move comes after Trump in May shuttered the de minimis loophole for goods from China and Hong Kong. A federal trade court on Monday declined to block Trump’s de minimis ban, even after an auto parts retailer argued the action was unlawful and threatened its business.

Use of the de minimis provision has exploded in recent years as online shopping has become more prevalent. Ultra-cheap online retailers such as Temu and Shein have used the loophole to ship packages to American shoppers directly from China duty-free.

Shares of PDD Holdings, the parent company of Temu, dipped lower following the announcement.

The Trump administration has sought to close the loophole, calling it a “big scam” that hurts U.S. businesses. Officials have said de minimis facilitates shipments of fentanyl and other illicit substances, saying the packages are less likely to be inspected by customs agents.

The volume of de minimis shipments has skyrocketed to 309 million units so far this fiscal year, up from 115 million for all of last year, the White House said.

This post appeared first on NBC NEWS

0 comment
0
FacebookTwitterPinterestEmail
admin

previous post
Psychedelics Market Update: H1 2025 in Review
next post
Silver Crown Announces Amendment

You may also like

October monthly job cuts surged to a 22-year...

November 7, 2025

Yum Brands begins strategic review for struggling Pizza...

November 5, 2025

Kimberly-Clark to buy Kenvue in $48.7 billion deal

November 4, 2025

Barbie, Monopoly toymakers see bright holiday season despite...

October 29, 2025

X-ray tables, hidden cameras: The tech in rigged...

October 25, 2025

Target is eliminating 1,800 corporate jobs as it...

October 25, 2025

Trump’s Argentina beef import plan will harm U.S....

October 24, 2025

Travis Kelce part of investor group aiming to...

October 24, 2025

Customers sue sneaker company On over shoes that...

October 21, 2025

Giorgio Armani group names longtime executive Giuseppe Marsocci...

October 18, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Peter Schiff: Gold, Silver Correction Over? Next Price Triggers, Where to Focus

    November 13, 2025
  • Trigg Minerals

    November 13, 2025
  • Omar Ayales: Is Gold’s Run Over? Signals I’m Watching, Plus What I’m Buying

    November 12, 2025
  • Jordan Roy-Byrne: Gold, Silver Going Much Higher, “Powerful Signal” to Watch

    November 12, 2025
  • Questcorp Mining Receives Initial Investment from U.K. Based Institutional Investor Sorbie Bornholm LP.

    November 11, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 metafirstinvest.com | All Rights Reserved

Meta First Invest
  • Politics
  • Investing
  • Tech News
  • Stock
  • Editor’s Pick