Trump signs order ending global tariff exemption for low-cost goods

Trump signs executive order ending global tariff exemption for low-cost goods, targeting shipments valued at $800 or less. The White House cites evasion of tariffs and opioid smuggling as reasons for the change, impacting online commerce from sites like Shein. The order, in effect from August 29, broadens previous actions targeting cheap products from China and Hong Kong to include the rest of the world.