US tariffs: how Trump’s tax is hitting Big Tech and beyond
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Get ready to pay import taxes.
The de minimis exemption — a previously unknown trade policy that is now all over the news — is officially dead for US consumers starting today. That means all your purchases coming from abroad (not just China!) will be subject to important taxes you previously avoided.
Back in February I explained how all of this works. Some details are slightly different now, but the takeaway is the same: we’re all about to feel the pinch of Donald Trump’s tariff policy.
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