The US will eliminate the de minimis exemption, and Trump has revealed new tariffs.

President Donald Trump has announced significant changes to U.S. tariff structures, imposing a 10% ad valorem duty on most imported goods effective April 5, 2025. Country-specific duties will range from 46% on Vietnam to 20% on the European Union. The de minimis exemption for low-value shipments under $800 will expire, replacing it with duties of 30% of value or a flat fee per item, increasing to $50 by June 1, 2025. Experts express concern that these changes will burden American consumers and disrupt supply chains, particularly impacting those already facing financial difficulties.