This is **huge**.
"De minimis" is the $-value above which tariffs apply - it doesn't make sense to spend $4 to collect $0.50 in tariffs.
Some online retailers (famously, Shein) intentionally send many small-$-value orders to avoid paying tariffs (instead of one big shipment). That option's gone.
"De minimis" is the $-value above which tariffs apply - it doesn't make sense to spend $4 to collect $0.50 in tariffs.
Some online retailers (famously, Shein) intentionally send many small-$-value orders to avoid paying tariffs (instead of one big shipment). That option's gone.
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vocational politics posting account
i had not even thought about this aspect of it, stupidity abounds
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The online retailer space is about to get interesting.
My general sense is that this will impact Gen Z > Millenials > Boomers?