Low-value items coming into the U.S. will now face additional import charges, ending their duty-free status under the "de minimis exception."

Previously, items valued at $800 or less entering the U.S. were exempt from tariffs. Now, the U.S. will impose either a flat fee or the standard tariff rate on these items based on their country of origin. Latest Forecast

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According to the U.S. Customs and Border Patrol Agency, 1.36 billion packages were sent in 2024 under this exemption , representing goods worth $64.6 billion.

This change is part of an effort by President Donald Trump to reduce U.S. dependency on foreign goods, a move that some experts believe could create challenges for businesses and consumers.

"The way that we're doin

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