De minimis tariff dodge ending means less purchasing power for Americans | NYGazet

Closing the loophole could raise $10 billion a year, but experts say the number is "not all that meaningful" compared to the country’s trade deficit.

The de minimis exemption—a tariff loophole that for years made millions of direct-to-consumer imports duty free—is gone, and its end marks a structural shift for American shoppers and logistics providers. Up until Friday, U.S. consumers could order u... [3783 chars]