Trump Ends Tariff Break for Low-Value Goods in Blow to Online Retailers
US President Donald Trump on Wednesday applied tariffs to low-value imports from all trading partners, a change that could raise costs for American travelers bringing goods into the US after travels abroad.
The move, made in an executive order, will become effective on Aug. 29 and apply to all goods valued at or under $800 that previously qualified for the tax-free treatment, according to a White House fact sheet.