That $20 dress direct from China now costs $30 after Trump closed a tariff loophole – and the US will soon end the ‘de minimis’ exemption for the rest of the world, too
- Written by Vivek Astvansh, Associate Professor of Quantitative Marketing and Analytics, McGill University
Fast fashion got a lot pricier for Americans this spring – and it’ll likely get even more expensive in 2027.
That’s because the Trump administration has been rolling back a little-known feature of U.S. customs law that for years had allowed retailers to ship packages duty-free to U.S. shoppers – as long as each shipment was...