How the end of ‘de minimis’ exemption could impact businesses and consumers
CNBC Television·2025-08-29 13:08
Now, the US ending a tariff exemption earlier this morning for lower value packages. The closing of the so-called dimminimist loophole could disrupt supply chains for e-commerce companies, small businesses, and their customers. Megan Cassella joins us now with more from Washington.Hey, Megan. Hey guys, good morning. So, that's right.This was nearly a century old trade loophole. And while the president already closed it earlier this year for packages from China and Hong Kong, it's now eliminated for everyone ...