Tariffs and the De Minimis Exemption: What to Expect

Understanding the Impact of Tariffs on Overseas Goods

The recent end of the de minimis tax exemption has sparked concern among consumers and industry experts alike. Tariffs will now apply to low-cost shipments entering the U.S., leading to potential price increases on popular items ordered from abroad.

What's Changing with Tariffs?

• The de minimis exemption allowed goods valued under $800 to enter the U.S. without import duties.
• With the exemption ending, all online orders will now incur tariffs.

Potential Consequences for Consumers

This change signifies a major shift in the cost structure of imported goods. As consumers, expect:

1. Higher prices for clothing and beauty products.
2. Longer delivery times due to increased customs inspections.

Experts predict that these shifts will alter consumer buying behavior significantly.