The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
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China, Commerce Department, Customs (Tariff), Customs and Border Protection (US), Drug Abuse and Traffic, Factories and Manufacturing, Fashion and Apparel, Hong Kong, International Trade and World Market, Lutnick, Howard W, Prices (Fares, Fees and Rates), Shein (Fashion Label), Shopping and Retail, Small Business, Smuggling, Temu (Website), Trump, Donald J, United States International Relations, United States Politics and Government