Trump Stands Firm on Shutting De Minimis Import Loophole
February 22, 2026·3 days ago·via The New York Times
President Trump doubles down on closing the de minimis exemption, which let cheap Chinese imports under $800 flood America tax-free, even after the Supreme Court struck down some tariffs on February 20. In a swift executive order, he declares the loophole a national emergency tied to fentanyl precursors and trade imbalances, keeping it shut for all countries effective February 24.
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