What is de minimis rule? Duty free 'loophole' Trump shut off
US President Trump signed an executive order ending duty-free de minimis treatment for low-value imports from China and Hong Kong starting May 2025. This aims to curb the flow of synthetic opioids like fentanyl into the country, necessitating full tariffs and duties on previously exempted goods.
US President Trump signed an executive order ending duty-free de minimis treatment for low-value imports from China and Hong Kong starting May 2025. This aims to curb the flow of synthetic opioids like fentanyl into the country, necessitating full tariffs and duties on previously exempted goods.
