Trump closes de minimus tariff loophole for cheap imported items
Business
July 31 (UPI) -- President Donald Trump has suspended the de minimus exemption for tariffs on low-cost imported goods, which means people who shop sites like Temu, AliExpress and Shein are about to begin paying more. On Wednesday, Trump signed the executive order, which takes effect Aug. 29 , to close the loophole for these tariffs on items worth $800 or less. In May, Trump tried to make this change for items from China and Hong Kong, but an auto parts retailer sued the administration claiming
din zilele anterioare