How the Loss of the De Minimis Exemption Affects Small Businesses That Import Goods
The De Minimis Exemption: What It Was — and Why It Mattered If you run a small business, sell products online, or import supplies, you’ve probably used the de minimis exemption without even realizing it. For years, U.S. businesses could import goods valued under $800 per shipment without paying tariffs, customs duties, or facing lengthy…
