• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Investing

Trump ends de minimis exemption for global low-cost goods

by July 31, 2025
written by July 31, 2025

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries.

The order, which takes effect Aug. 29, will subject any shipments of imported goods into the U.S. worth $800 or less to duties, the White House said.

Any goods shipped through the international postal network will be subject to tariff rates based on the value of the package and its country of origin.

The move comes after Trump in May shuttered the de minimis loophole for goods from China and Hong Kong. A federal trade court on Monday declined to block Trump’s de minimis ban, even after an auto parts retailer argued the action was unlawful and threatened its business.

Use of the de minimis provision has exploded in recent years as online shopping has become more prevalent. Ultra-cheap online retailers such as Temu and Shein have used the loophole to ship packages to American shoppers directly from China duty-free.

Shares of PDD Holdings, the parent company of Temu, dipped lower following the announcement.

The Trump administration has sought to close the loophole, calling it a “big scam” that hurts U.S. businesses. Officials have said de minimis facilitates shipments of fentanyl and other illicit substances, saying the packages are less likely to be inspected by customs agents.

The volume of de minimis shipments has skyrocketed to 309 million units so far this fiscal year, up from 115 million for all of last year, the White House said.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Recall warns some Celsius energy drink cans accidentally contain alcohol
next post
Ontario cancels internet deal with Musk’s Starlink as part of U.S. tariff fight

You may also like

What falling wage growth says about where the...

April 7, 2026

Savannah Guthrie returns to ‘TODAY’ amid search for...

April 7, 2026

U.S. added 178,000 jobs in March, reflecting resilient...

April 6, 2026

U.S. oil has its biggest one-day price increase...

April 6, 2026

Is America on the cusp of a farm...

April 6, 2026

Republican leaders announce two-track plan to end the...

April 3, 2026

Hershey to resume using chocolate in most products;...

April 2, 2026

Stocks have their worst quarter since 2022, raising...

April 2, 2026

A global jet fuel shortage is raising the...

April 2, 2026

Average U.S. gas price hits $4 for the...

April 2, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • What falling wage growth says about where the U.S. economy is heading

      April 7, 2026
    • Savannah Guthrie returns to ‘TODAY’ amid search for mother: ‘It’s good to be home’

      April 7, 2026
    • U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated

      April 6, 2026
    • U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

      April 6, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (726)
    • Stock (6,426)

    Latest News

    • What falling wage growth says about where the U.S. economy is heading
    • Savannah Guthrie returns to ‘TODAY’ amid search for mother: ‘It’s good to be home’

    Popular News

    • Higher bond yields “main risk” to US share prices – BCA Research
    • Bain matches CC Capital’s offer for Australia’s Insignia Financial at $1.92 billion

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy