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Trump Administration Closes Chinese Import Loophole

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The Trump administration closed a loophole allowing tariff-free import of Chinese goods under $800, impacting online shoppers. This de minimis rule, exploited by companies to circumvent tariffs on Chinese products, led to a surge in cheap imports. While aiding US manufacturers, the change has increased prices for consumers. In 2023, over a billion packages, averaging $54, were processed under this rule before its elimination.

Prepared by Christopher Adams and reviewed by editorial team.

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