Trump Ends Global De Minimis Tax Exemption, Impacting Retail and Trade
TL;DR Summary
Former President Trump has ended the global 'de minimis' tax exemption, which could have significant implications for retail stocks by potentially increasing tax burdens on cross-border e-commerce and imports.
- Trump Ends the ‘De Minimis’ Tax Exemption Globally. What It Means for Retail Stocks. Barron's
- Trump ends de minimis exemption for global low-cost goods CNBC
- White House to end US tariff exemption for all low-value overseas packages The Guardian
- Trump ends de minimis tariff exemption, sets copper and Brazil levies Axios
- Trump closes key trade loophole, impacting Shein, Temu orders USA Today
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