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Javaman

(63,539 posts)
Thu Apr 3, 2025, 07:28 AM Apr 3

get a load of this. built into the tariffs... [View all]

"After the event, Trump also signed an executive order closing the de minimis exemption, a little-known carve out that allows packages valued under $800 to enter the US duty free. Ultra cheap retailers like Shein, Temu, and Amazon Haul use the rule as a loophole to keep prices low, and buyers don’t have to pay any taxes that would otherwise apply to their purchases. By ending the exemption, Trump could destabilize the business model that has hooked Americans looking for a deal on China-reliant online retailers." [b/]

I wonder if this will apply to groceries. you know, whole foods...

here's the link to the article.

https://www.theverge.com/news/642240/trump-tariffs-imports-apple-manufacturing

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Latest Discussions»General Discussion»get a load of this. built...