• 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

Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

May 2, 2026

Thermos recalls 8.2 million bottles after stoppers eject,...

May 2, 2026

The Onion’s bid to take over Alex Jones’...

May 2, 2026

Republican state attorneys general join lawsuit to stop...

May 1, 2026

Companies must now quickly respond to stalking warrants...

May 1, 2026

Could an ‘8647’ T-shirt get you in trouble?

May 1, 2026

Graphic: Track U.S. and state gas prices

May 1, 2026

Trump briefed on options for Iran as energy...

May 1, 2026

FCC head says agency wasn’t pressured to order...

May 1, 2026

Trump signs executive order expanding access to retirement...

May 1, 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

  • Akamai stock soars: here’s why BofA is betting on the stock

    May 13, 2026
  • Melania Trump’s memoir soars to top spot on several Amazon ‘Best Sellers’ lists weeks before its release

    August 26, 2024
  • ‘Louder by the hour’: Senate GOP wants the Epstein drama to end, but Democrats aren’t letting it go

    July 25, 2025
  • How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

    February 6, 2025
  • Gold and Silver: Gold was back above $2,670 last night

    October 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

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

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,507)
  • Investing (2,559)
  • Stock (1,028)

Latest Posts

  • Rubio claims ‘tremendous amount of progress’ in Ukraine peace talks following Geneva meeting

    November 24, 2025
  • Top House Dems say they’ll join GOP to quash Trump impeachment effort

    May 14, 2025
  • Trump threatens lawsuit over ‘blue slips’ as top GOP senator bucks demand to bend Senate rules for nominees

    August 25, 2025

Recent Posts

  • Hegseth says US to boost ties with Philippines as deterrence against China: ‘Peace through strength’

    March 28, 2025
  • Tesla taps China for $2.9B solar gear in major US expansion push: report

    March 20, 2026
  • What the Taylor Swift endorsement of Kamala Harris means for the November election

    September 11, 2024

Editor’s Pick

  • How on-time rent payments can help ‘credit invisible’ consumers be seen

    July 18, 2024
  • Shein dodges ban as French court rejects 3-month shutdown push

    March 19, 2026
  • Polymarket takes crypto offline with free grocery store push in New York City

    February 4, 2026
  • 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