How the removal of the de minimis exemption affects global trade скачать в хорошем качестве

How the removal of the de minimis exemption affects global trade

President Donald Trump has suspended the “de minimis exemption,” a trade rule that allowed duty-free shipments of goods valued at $800 or less into the United States. The change is expected to significantly impact fast fashion giants like Shein and Temu, which relied on this exemption to ship massive volumes of low-cost products to American consumers. With the new policy, companies must now pay import taxes on these shipments, a cost that could eventually be passed down to customers. Danielle Sponder Testa, PhD, Assistant Professor at ASU FIDM, joined “Arizona Horizon” to explain the broader implications of eliminating this trade loophole, including how it will affect global trade, e-commerce companies, and consumer prices in the United States.