Trump’s Executive Order Ends De Minimis Rule, Shaking up Global Ecommerce
Starting on August 29, the “de minimis” exemption which allowed parcels valued at less than $800 to enter the U.S. without being subjected to any import duties is going to come to an end. This change is aimed at addressing tariff evasion while also improving oversight on all imports. The rule change is going to reshape global ecommerce since many online platforms, especially Chinese ones like Temu and Shein, leveraged this de minimis exemption to penetrate the U.S. market with their cheaper products. Subjecting all imports to tariffs and other duties will increase the cost of those cheap imports and…
