De Minimis Closure Will Have A Far Reaching Impact On Many Companies
Source: SeekingAlpha
2025-08-25 11:29:19 ET
The global trade war is unfolding on many fronts, and one of the biggest developments is rolling out this week. The United States has essentially ended the de minimis rule that previously allowed small shipments with a value of less than $800 to be imported without needing to pay duties. This loophole was crucial for companies Temu in China and drop shippers the world over. While the rule had already been closed for China back in May, it’s now being closed to everyone as of August 29th....
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De Minimis Closure Will Have A Far Reaching Impact On Many Companies
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