Economic Liberties Warns Trump Customs Waiver Undermines May 2 End of De Minimis Loophole for China (and Trump’s Claimed Tariff Revenue Goals)
April 30, 2025 – The Trump administration’s quiet waiver of a longstanding customs rule requiring Formal Entry for goods valued between $250-$2500 that are subject to ‘penalty’ tariffs will make it extremely difficult to collect tariffs on the millions of daily e-commerce shipments from China that are slated to lose duty-free status when the de minimis loophole is closed at midnight Friday May 2, AELP said.