Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China

The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices. United States Politics and Government, International Trade and World Market, Prices (Fares, Fees and Rates), Smuggling, Drug Abuse and Traffic, United States International Relations, Fashion and Apparel, Customs (Tariff), Small Business, Shopping and Retail, Factories and Manufacturing, Commerce Department, Customs and Border Protection (US), Shein (Fashion Label), Temu (Website), Lutnick, Howard W, Trump, Donald J, China, Hong Kong The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices. NYT > Business

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