Trade court upholds Trump's closure of 'de minimis' loophole

TL;DR

A federal trade court upheld President Trump's decision to eliminate the 'de minimis' exemption for goods valued under $800.
Trump claimed the loophole cost the U.S. billions in uncollected import-tax revenue.
The plaintiff, Detroit Axle, argued Trump lacked the authority to scrap the loophole under the International Emergency Economic Powers Act (IEEPA).
The court ruled that the statute does allow Trump to scrap the exemption, distinguishing it from previous rulings on global tariffs that required congressional approval.
The 'de minimis' exemption was heavily used by e-commerce companies like Shein and Temu, who shipped goods directly to consumers or used warehouses in neighboring countries.
Economists warned that ending the exemption could disproportionately affect lower-income and minority consumers.
Trump celebrated the ruling on Truth Social, calling it a "BIG WIN" and stating that the loophole was exploited by criminals and "Tariff Cheats."

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