The End of De Minimis Means Changes for Your Online Shopping Habits
On this week’s Big Take podcast, the consequences of closing a loophole on imports under $800 are explored. The de minimis exemption, in place since 1933, allowed cheap goods to pass through customs tariff-free. However, President Donald Trump is ending this exemption.
The change will impact over 4 million inexpensive packages that enter the US daily from abroad. As a result, online shoppers may see increased costs for products under $800. This change aims to generate revenue for the government and update tariffs on imported goods. The closure of the de minimis loophole is effective as of this Friday.
Source: https://www.bloomberg.com/news/articles/2025-08-25/the-de-minimis-loophole-why-cheap-imports-are-getting-pricier-and-slower