Business Insights
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact

Archives

  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • August 2023
  • January 2023
  • December 2021
  • July 2021
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Business
  • Crypto
  • Economy
  • Finance Expert
  • Forex
  • Invest News
  • Investing
  • Tech
  • Trading
  • Uncategorized
  • Videos
Apply Loan
Money Visa
Advertise Us
Money Visa
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact
What the end of 'de minimis' means for online shoppers
  • Business

What the end of ‘de minimis’ means for online shoppers

  • August 28, 2025
  • Roubens Andy King
Total
0
Shares
0
0
0
Total
0
Shares
Share 0
Tweet 0
Pin it 0

For nearly nine decades, an import tax exception allowed low-value packages to enter the U.S. without duties attached. The rule has let American consumers access loads of cheap foreign goods from online retailers.

That’s all changing Friday when the rule known as de minimis is suspended in accordance with an executive order President Trump signed last month. All shipments into the U.S. will be subject to an import tax ranging from $80 to $200 for the next six months, after which the rate will be based on the tariffs imposed on the country of origin.

Since 2015, the de minimis exception has applied to goods with a retail value of less than $800. The rule dates to 1938, when it applied only to goods worth less than $1.

Online retail giants such as Temu and Shein, which ship products from China with hyper-low price tags, have “benefited massively” from the exception, said Dominick Miserandino, chief executive of the online hub Retail Tech Media Nexus.

“We’re used to this super cheap pricing mentality for a lot of online goods, and with the removal of this rule, it’s going away,” Miserandino said. “It’s definitely going to hit consumers who are accustomed to buying a $5 phone case.”

The rise and fall of ‘de minimis’

Congress first introduced the exception in 1938 to boost trade and spare the government the hassle of processing low-value parcels generating negligible tax revenue. De minimis is Latin for something of little importance.

Lawmakers increased the threshold from $1 to $5 in 1990 and again to $200 in 1993. Under the most recent threshold of $800, the number of packages entering the U.S. duty-free has skyrocketed.

More than 1.30 billion packages with a combined value of $64.6 billion reached the U.S. with no import tax in 2024, compared to 134 million packages in 2015, according to U.S. Customs and Border Protection.

Trump has called the rule a “scam” that weakens American businesses and allows dangerous goods to enter the country without oversight. Packages that claim the exemption are not inspected as thoroughly by U.S. Customs personnel.

Trump ended the so-called loophole for goods sent from China in May before eliminating the practice for goods from all other foreign nations. Documents and gifts under $100 are still exempt from import taxes.

What can U.S. consumers expect?

The price increase Americans could see on everyday goods such as pet products and apparel depends on where the package is coming from and what portion of the import duty the shopper is responsible for.

Large manufacturers may choose to cover the duty themselves, while smaller sellers like those on the online shopping platform Etsy could pass costs onto customers.

Trump placed some of his highest tariffs of 30% and 35% on China and Canada, respectively, though the rate on Chinese goods remains under negotiation. Switzerland faces a tariff of 39%. The price of goods shipped from these countries will likely rise in proportion with the tariffs, leading to significant jumps in sticker prices.

It will also be more difficult to get foreign goods delivered, at least for the moment. Several international postage services are suspending deliveries to the U.S. in response to Trump’s executive order. Japan, Switzerland, France and Australia are among more than a dozen nations that have paused U.S. shipments while they adjust to the new pricing requirements.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Roubens Andy King

Previous Article
Why Early AI Adopters Are Closing More Deals
  • Invest News

Why Early AI Adopters Are Closing More Deals

  • August 28, 2025
  • Roubens Andy King
Read More
Next Article
Fed’s Waller backs a series of interest-rate cuts over the next six months
  • Finance Expert

Fed’s Waller backs a series of interest-rate cuts over the next six months

  • August 28, 2025
  • Roubens Andy King
Read More
You May Also Like
Walmart+ adds Peacock to streaming offerings to better compete with Amazon Prime
Read More
  • Business

Walmart+ adds Peacock to streaming offerings to better compete with Amazon Prime

  • Roubens Andy King
  • September 3, 2025
Weak pound and yen shore up dollar, bonds and payrolls in focus
Read More
  • Business

Weak pound and yen shore up dollar, bonds and payrolls in focus

  • Roubens Andy King
  • September 3, 2025
Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI
Read More
  • Business

Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI

  • Roubens Andy King
  • September 2, 2025
Let’s Break Down What You Need to Be Watching This Week
Read More
  • Business

Let’s Break Down What You Need to Be Watching This Week

  • Roubens Andy King
  • September 2, 2025
Google won’t be forced to sell its Chrome browser, judge rules
Read More
  • Business

Google won’t be forced to sell its Chrome browser, judge rules

  • Roubens Andy King
  • September 2, 2025
Gold price hits record high as investors seek safe haven | Gold
Read More
  • Business

Gold price hits record high as investors seek safe haven | Gold

  • Roubens Andy King
  • September 2, 2025
How Is Chevron’s Stock Performance Compared to Other Oil & Gas Exploration & Production Stocks?
Read More
  • Business

How Is Chevron’s Stock Performance Compared to Other Oil & Gas Exploration & Production Stocks?

  • Roubens Andy King
  • September 2, 2025
Bunker Hill tower One California Plaza goes into receivership
Read More
  • Business

Bunker Hill tower One California Plaza goes into receivership

  • Roubens Andy King
  • September 2, 2025

Recent Posts

  • Master Investing with This Game-Changing Strategy! #shorts #finance
  • Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
  • Between Truth and Turmoil: Dakota Mortensen Reacts to Taylor Frankie Paul’s Abuse Allegations
  • Mohnish Pabrai: FASTEST Way To Financial Freedom! Proven Playbook For Quitting Your 9-5 In 9 Months!
  • Federal Reserve Board – Agencies request comment on proposals to modernize the regulatory capital framework and maintain the strength of the banking system
Featured Posts
  • Master Investing with This Game-Changing Strategy! #shorts #finance 1
    Master Investing with This Game-Changing Strategy! #shorts #finance
    • March 20, 2026
  • Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank 2
    Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
    • March 20, 2026
  • Between Truth and Turmoil: Dakota Mortensen Reacts to Taylor Frankie Paul’s Abuse Allegations 3
    Between Truth and Turmoil: Dakota Mortensen Reacts to Taylor Frankie Paul’s Abuse Allegations
    • March 20, 2026
  • Mohnish Pabrai: FASTEST Way To Financial Freedom! Proven Playbook For Quitting Your 9-5 In 9 Months! 4
    Mohnish Pabrai: FASTEST Way To Financial Freedom! Proven Playbook For Quitting Your 9-5 In 9 Months!
    • March 19, 2026
  • Federal Reserve Board – Agencies request comment on proposals to modernize the regulatory capital framework and maintain the strength of the banking system 5
    Federal Reserve Board – Agencies request comment on proposals to modernize the regulatory capital framework and maintain the strength of the banking system
    • March 19, 2026
Recent Posts
  • China Import Made Easy | Start Business with Sea Cargo 100 PKR per Kg
    China Import Made Easy | Start Business with Sea Cargo 100 PKR per Kg
    • March 18, 2026
  • Federal Reserve Board – Federal Reserve issues FOMC statement
    Federal Reserve Board – Federal Reserve issues FOMC statement
    • March 18, 2026
  • Federal Reserve Board – Federal Reserve Board and Federal Open Market Committee release economic projections from the March 17-18 FOMC meeting
    Federal Reserve Board – Federal Reserve Board and Federal Open Market Committee release economic projections from the March 17-18 FOMC meeting
    • March 18, 2026
Categories
  • Business (2,057)
  • Crypto (2,023)
  • Economy (235)
  • Finance Expert (1,687)
  • Forex (2,016)
  • Invest News (2,449)
  • Investing (2,040)
  • Tech (2,056)
  • Trading (2,024)
  • Uncategorized (2)
  • Videos (1,006)

Subscribe

Subscribe now to our newsletter

Money Visa
  • Privacy Policy
  • DMCA
  • Terms of Use
Money & Invest Advices

Input your search keywords and press Enter.