De Minimis Ends: Online Shopping Gets More Expensive
Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Sundays

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Online shopping is about to get more expensive! The US just killed the $800 duty-free exemption, meaning taxes and tariffs now apply to almost everything you buy from overseas. Get ready for potential price hikes of 15-25% on your favorite shoes, clothes, and gadgets, especially from sites like Shein and Temu. Will shoppers abandon carts and will the extra revenue even make a dent in the trade deficit? Hosted on Acast. See acast.com/privacy for more information.