Trump scores a court win: Say goodbye to your cheap duty-free imports
That easy loophole for small international packages just got slammed shut by the courts, and it’s staying closed.
So, the federal trade court just gave Trump a big green light. They decided that his executive order nuking the 'de minimis' loophole—which let cheap stuff under 800 bucks slide into the country duty-free—is actually totally legal.
Remember all those tiny, dirt-cheap packages from overseas? The court basically said this isn't about making laws, it's about the president having the power to shut down trade channels that act as highways for sketchy goods. While the Supreme Court shot down his broader tariff plans earlier, this one stuck because the judges think it doesn't cross into Congress's territory.
Trump is obviously popping bottles over this, calling the old system a massive pipeline for criminals and counterfeiters that was costing the treasury billions. Whether it’s actually safer or just more expensive, the days of those mystery packages showing up on your doorstep without a tax bill are officially numbered.
Expect everything from your favorite cheap online gadgets to suddenly feel a lot more like a luxury purchase.
Source: CNBC
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