The removal of the 'de minimis' exemption will lead to increased costs for consumers and chaos in supply chains.
Liviu Brăteanu
International
Credit: CHIP SOMODEVILLA / Getty images / Profimedia
Always see our news on Google
The 'de minimis' exemption, which allowed shipments under $800 to enter the U.S. tax-free, has been revoked by an executive order signed by Donald Trump.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.
Sources
Panică în retail: Ce înseamnă sfârșitul scutirii „de minimis” pentru brandurile din întreaga lume. ”Haosul este aproape”
Eliminarea scutirii "de minimis" loveşte comerţul online global şi ridică preţurile pentru consumatori
Eliminarea scutirii ”de minimis” loveşte comerţul online global şi ridică preţurile pentru consumatori
Latest News
08:39
J.D. Vance argues that Iran must reduce its uranium enrichment program to end the war
08:36
The Constitutional Court will examine on Wednesday the dispute between the Government and the High Court concerning the payment of magistrates’ outstanding salary arrears
08:31
Cristiano Ronaldo breaks his silence after leaving Portugal’s training camp / Calls for himself to be sanctioned and says he is not retiring from the national team
08:14
Goldman Sachs warns that diesel prices could remain high until 2027, amid a global refining shortage and low inventories
08:00
Messi bid farewell to Argentina with a goal and two assists / “It was a great honor to wear this jersey for over 20 years”
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
