De minimis trade loophole that boosted Chinese online retailers to end May 2
Thursday, 3 April 2025 ()
President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2. Trump in February abruptly ended the de minimis trade exemption, which allows shipments worth less than $800 to enter the U.S. duty-free. The order overwhelmed U.S. Customs and…
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