Friday, May 2, 2025

End of the De Minimis Rule

Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
https://www.nytimes.com/2025/05/02/business/economy/trump-china-tariffs-de-minimis.html
Supporters say the change is important to stop cheap Chinese goods from entering the U.S. But the decision could drive up prices for goods Americans buy online.
 
How a U.S. Tax Loophole Supercharged China’s Exports
https://www.nytimes.com/2025/05/02/business/china-tariffs-economy-de-minimis.html
E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection.