President Donald Trump signed a new executive order yesterday, reversing his earlier order, to suspend the de minimis provision, which exempts imports under $800 from taxes and inspections
President Donald Trump paused plans to end a trade loophole, allowing small shipments from China to enter the US tax-free.
He signed a new executive order yesterday reversing his earlier order to suspend the de minimis provision, which exempts imports under $800 from taxes and inspections. Bargain sites like Shein and Temu rely on this provision, with 1.36 billion shipments entering the US in 2024.
The pause gives the Consumer Department time to set up a new system to tax small shipments.
Retailers worry about added paperwork, while some Temu suppliers report higher prices and product removals.