Trump Eliminates $800 Duty-Free Exemption for China Imports, Threatening Small Businesses
President Donald Trump has removed a duty-free exemption worth $800 for imports from China, potentially crippling small businesses that rely on the loophole to sell goods at competitive prices. The move could lead to higher prices and delays in shipments for consumers. The de minimis exception, established by Congress nearly a century ago, allowed low-value … Read more