Overview
- The de minimis exemption, allowing duty-free imports under $800, ends tomorrow for goods from China and Hong Kong, following an executive order signed by President Trump in April.
- New tariffs include a 120% duty or flat fees of $100–$200 per shipment via USPS, while express carriers like DHL and FedEx will impose tariffs up to 145%.
- Major e-commerce platforms, including Temu and Shein, have already adjusted prices to reflect the tariffs, with some items seeing increases as high as 377%.
- U.S. Customs and Border Protection reports that 92% of daily imports relied on the de minimis rule, with over 60% of these shipments originating from China.
- The policy aims to address concerns over economic fairness and drug trafficking, with bipartisan support for curbing fentanyl shipments through low-value packages.