De Minimis Exemption Ends: Tariffs on Low-Cost Imports

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Fridays

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Big changes for online shoppers! A loophole that allowed tariff-free import of goods under $800 has closed, potentially raising prices and slowing deliveries. Find out how the end of the de minimis exemption impacts retailers like Shein and Temu, cracks down on illegal imports, and could generate billions in new revenue. Is your next bargain buy about to get more expensive? Hosted on Acast. See acast.com/privacy for more information.