The United States is expanding the revocation of a tariff exemption that facilitated the flow of cheap goods into the country.
President Donald Trump on July 30 signed an executive order ending the de minimis treatment of imports worth less than $800 for all goods entering the country. Accordingly, by Aug. 29, the United States will begin to collect duties on packages that were previously exempt from the payments.
The move expanded on a May decision to end the de minimis exemption for goods originating from China and Hong Kong.
With the rise of app-based online shopping in the past two decades, China has benefited greatly from the policy originally designed to ease the burden on U.S. customs officials. U.S. businesses have repeatedly said the de minimis policy puts U.S. manufacturers, retailers, and workers at an unfair disadvantage….
US to End Tariff Exemption for All Low-Cost Imports in Major Trade Shift
