The removal of the 'de minimis' exemption will lead to increased costs for consumers and chaos in supply chains.

The 'de minimis' exemption, which allowed shipments under $800 to enter the U.S. tax-free, has been revoked by an executive order signed by Donald Trump. This change will severely impact global retail, forcing companies to rethink their business models and supply chains. It is estimated that American consumers will pay $10.9 billion more for various products, particularly affecting low-income individuals. This measure has generated panic among retailers and will lead to price increases for a wide range of goods.