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Trade Court Upholds Trump's Closure of 'De Minimis' Loophole

Trade Court Upholds Trump's Closure of 'De Minimis' Loophole The U. S. trade court has upheld President Trump's decision to eliminate the "de minimis" exemption, allowing goods valued under $800 to be imported tax free.

The ruling has sent shockwaves through the retail industry, sparking concerns about the impact on e commerce giants and consumers.

Critics of the exemption had argued that it unfairly targeted low income and minority American consumers by allowing e commerce companies like Shein and Temu to sidestep costly tariffs on goods manufactured in China.

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