Key takeaways
Duty-free exemption for imports under $800 ends Friday
More than a dozen countries suspend shipments to U.S.
Small businesses brace for higher costs and supply issues
Rule change affects goods from China, Mexico, EU and more
Low-value imports are losing their duty-free status in the United States this week as part of President Donald Trump’s agenda for making the nation less dependent on foreign goods and resetting global trade with tariffs.
An executive order signed last month eliminates a widely used customs exemption for international shipments worth $800 or less starting Friday, nearly two years earlier than the deadline set in the tax cuts and spending bill approved by Congress.
Although the president previously ended the “de minimis” rule for inexpensive items