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Trump Closes Trade Loophole, Imposes New Duties on Imports

7/31/2025

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Summary

Story summary

On October 11, 2018, President Trump took a significant step by signing an executive order to close the de minimis trade loophole, imposing duties on low-value packages worth $800 or less starting August 29. This move comes on the heels of a ban on goods from China and Hong Kong, which a federal court has upheld despite ongoing legal battles.

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Story summary

On October 11, 2018, President Trump took a significant step by signing an executive order to close the de minimis trade loophole, imposing duties on low-value packages worth $800 or less starting August 29. This move comes on the heels of a ban on goods from China and Hong Kong, which a federal court has upheld despite ongoing legal battles.