'De minimis' exemptions set to end globally Friday: What does it mean?
Tariff exemptions for packages shipped to the U.S. worth $800 or less are set to end this week.
In July, President Trump signed an executive order to suspend the "de minimis" tax exemption rule, which has led an increasing number of postal carriers worldwide to suspend package deliveries to the U.S.
On Friday, Aug. 29, imported packages valued under $800 will no longer be duty-free and will be subject to country-specific tariffs.
Letters and personal gifts worth under $100, however, remain unaffected by the impending changes.
What is the de minimis exemption?
The de minimis tax exemption was created in 1938 under Section 321 of the Tariff Act of 1930 and allows low-value packages to enter the country duty-free.
The rule has been amended several times over the years, and in 2016, the exemption was raised to include products valued at or under $800.
In 2024, over 92 percent of all cargo entering the U.S., including 1.3 billion packages worth over $64 billion, arrived through the de minimis exemption,........
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