President Trump’s Tariff Crackdown on $800 De Minimis Loophole Disrupts Global Shipping to America
The signing of a recent executive order by President Trump aims to eliminate de minimis, a loophole that exempts packages valued under $800 from tariffs when entering the United States. This development has prompted postal services across India, Austria, and France to halt certain types of package deliveries to America.
To delve into the potential impact of this change on American shopping habits, we consulted with an Australian jewelry artisan, a logistics specialist, and an economist.
In related episodes:
– Three creative strategies companies employ to bypass tariffs
– Insights on Trump’s tariffs gleaned from olive oil
– Understanding Temu
For advertisement-free editions of The Indicator podcast by Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking is carried out by Cooper Katz McKim. Music credits go to Drop Electric. Connect with us: TikTok, Instagram, Facebook, Newsletter.