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The 'de minimis' exemption, which allowed shipments under $800 to enter the U.S. tax-free, has been revoked by an executive order signed by Donald Trump.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
13:21
The Hungarian government has declared Russia a "threat to Hungary, Europe, and the global order"
13:12
Claudiu Năsui takes the oath on Friday as Minister of Economic Development and Digitalization of the Republic of Moldova
13:09
Interim Minister of Transport, Radu Miruţă: "We are changing the rules of the game for state-owned transport companies to encourage performance."
13:08
The First Lady of Romania met with a UNICEF delegation to discuss the promotion of children's rights and the participation of young people in public decision-making.
13:02
The Senate plenary will vote on Wednesday on the Integrity Law, which includes the "Fritz amendment", in order not to lose the funds from the PNRR.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
