With a key tariff loophole gone, here’s what happens now to your matcha, K

New York —

The Trump administration has just wreaked havoc on one of the greatest coping mechanisms of our time: online shopping.

Many of the cheaper products that US customers like to buy used to fall under the de minimis exemption , which allowed items worth less than $800 to flow into the United States duty-free. But on Friday, that trade perk expired.

The global economy thrives on trends. Matcha, the ceremonial drink that is now a staple at every hipster coffee shop, comes from select Japanese vendors. Beauty aficionados can’t get enough of sunscreens and serums imported from South Korea. Let’s not get into China-made Labubus (and Lafufus). And tinned fish? The best comes from Europe.

Many young people say they do not feel financially secure, so big purchases like cars and home