Court Upholds Trump’s Closure of the De Minimis Tax-Free Gap

A federal trade court upheld President Trump's elimination of the de minimis exemption, which allowed low-value goods to enter the U.S. duty-free. The court ruled that the IEEPA authorizes scrapping the exemption and that the action does not involve the purse or legislate, distinguishing it from other challenged measures. The decision could raise import tax revenue and affect shoppers who relied on the loophole, with Trump calling it a big win.