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What the End of the De Minimus Trade Loophole Means for Your Shopping
Manage episode 502462157 series 3311220
Content provided by Bloomberg and iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg and iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
This Friday, a big change is coming for the more than 4 million inexpensive packages that enter the US daily from abroad: President Donald Trump is ending the de minimis exemption, a loophole that has allowed cheap goods to pass through customs tariff-free for nearly 90 years.
It’s a blow to millions of online shoppers, small businesses on platforms like Etsy and postal services worldwide — many of which have already paused small-package shipments to the US.
On today’s Big Take podcast, Bloomberg’s Laura Curtis joins host Sarah Holder to break down the demise of de minimis: Why ending the carve-out for goods deemed too small to matter is actually a big deal for consumers — and what happens next.
Read More: Mail Carriers Pause US Deliveries as Tariff Shift Sows Confusion
See omnystudio.com/listener for privacy information.
769 episodes
Share
Manage episode 502462157 series 3311220
Content provided by Bloomberg and iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg and iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
This Friday, a big change is coming for the more than 4 million inexpensive packages that enter the US daily from abroad: President Donald Trump is ending the de minimis exemption, a loophole that has allowed cheap goods to pass through customs tariff-free for nearly 90 years.
It’s a blow to millions of online shoppers, small businesses on platforms like Etsy and postal services worldwide — many of which have already paused small-package shipments to the US.
On today’s Big Take podcast, Bloomberg’s Laura Curtis joins host Sarah Holder to break down the demise of de minimis: Why ending the carve-out for goods deemed too small to matter is actually a big deal for consumers — and what happens next.
Read More: Mail Carriers Pause US Deliveries as Tariff Shift Sows Confusion
See omnystudio.com/listener for privacy information.
769 episodes
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Similar to Big Take
The Cārvāka Podcast is a series of long-form conversations hosted by Kushal Mehra. The podcast covers a wide range of subjects where Kushal speaks with a wide range of guests to talk about sports, philosophy, public policy, current affairs, history, economics, etc.
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continue reading
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continue reading
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