US President Donald Trump just dealt another blow to the embattled ecommerce industry, which is still reeling from sweeping tariffs Trump announced in the spring. On Wednesday, Trump signed an executive order widening the impact of those tariffs and making it more expensive for Americans to buy foreign products on sites like eBay, Etsy, and Amazon.
The order eliminates the so-called “de minimis” provision, a long-standing policy that allowed people in the US to import packages valued at less than $800 from anywhere in the world duty-free. Those packages will now be subject to the same country-specific tariffs as larger shipments, according to a fact sheet released by the White
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