🇺🇸 TRUMP KILLS $800 IMPORT LOOPHOLE - TEMU, SHEIN, AND GLOBAL RETAIL JUST GOT HIT

Trump just ended the de minimis rule - meaning all imports under $800 now face tariffs, no matter where they’re from.

Starting end of Aug, every low-cost item shipped through the global postal system - think Temu, Shein, AliExpress - gets taxed based on value and origin.

White House says the loophole was a “scam” that cost U.S. businesses and let in illicit drugs.

Retailers say it’s a gut punch for cross-border e-commerce.

309 million packages later, the tariff axe has dropped.

Source: CNBC