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What consumers can expect as de minimis exemption ends
Americans are no longer able to import cheap foreign goods tariff-free. The Trump administration ended the de minimis exemption, which allowed packages valued under $800 to enter the U.S. with no import tax. Last year, there were nearly four million such packages a day. Amna Nawaz discussed the latest with Clark Packard. He is a trade expert at the libertarian Cato Institute.
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