• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

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
Inside Biden confidante Steve Ricchetti’s ‘combative’ eight-hour grilling in House Oversight cover-up probe
next post
Let liberals lose their minds over Sydney Sweeney while I go jeans shopping

related articles

Trump administration alleges Nike discriminated against white workers

March 13, 2026

Retail operator of outdoor sportswear pioneer Eddie Bauer...

March 13, 2026

Landmark trial accusing social media companies of addicting...

March 13, 2026

Justice Department’s antitrust chief says she’s leaving, effective...

March 13, 2026

Cardi B’s cameo in Bad Bunny’s Super Bowl...

March 13, 2026

CFTC chief sides with prediction markets over state...

March 13, 2026

Warner Bros. Discovery reopens talks with Paramount

March 13, 2026

DOJ takes Live Nation-Ticketmaster to court for antitrust...

March 13, 2026

L.A. County sues Roblox, alleges platform makes it...

March 13, 2026

United Airlines says it will boot passengers who...

March 13, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • MARK HALPERIN: Kamala battles to regain momentum after late-summer swoon

    October 20, 2024
  • Future of Trump budget bill uncertain as House GOP rebels mutiny over Senate plan

    April 8, 2025
  • US, UK and Australia take next step in integrating AI defense systems

    August 11, 2024
  • Russell Vought confirmed to head government’s leading budget office after Dems hold 30-hour protest

    February 7, 2025
  • Republicans react to Biden’s ‘No one is above the law’ post following Hunter pardon

    December 2, 2024

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025

Categories

  • Economy (829)
  • Editor's Pick (8,376)
  • Investing (1,189)
  • Stock (981)

Latest Posts

  • Dow sinks 800 points as stagflation panic sends Wall Street into freefall

    March 9, 2026
  • White House says Biden believes he made right decision to drop out of 2024 race despite Trump victory

    November 8, 2024
  • GOP leader says Vance ‘absolutely prepared’ for VP debate showdown with Walz

    October 1, 2024

Recent Posts

  • BitGo prices IPO above range at $2B valuation: why the listing stands out

    January 22, 2026
  • Biden is on the way out and Trump is taking the wheel. Welcome back, America

    January 17, 2025
  • Microsoft Outage Causes System Crashes All Over the Globe

    July 22, 2024

Editor’s Pick

  • White House says Biden believes he made right decision to drop out of 2024 race despite Trump victory

    November 8, 2024
  • Apple Pay down: users report Apple Cash issues disrupting payments across platforms

    January 9, 2025
  • Thomas Massie says he feels ‘misled’ by Trump after Iran strikes: ‘He’s engaged in war’

    June 22, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock