"De minimis" tax exemption expires, over 20 countries suspend shipments to U.S.

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"De minimis" tax exemption expires, over 20 countries suspend shipments to U.S. - CBS News

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A tax exemption that allowed low-value packages to enter the U.S. duty-free has ended. In June, President Trump signed an executive order eliminating the so-called "de minimis" exemption. Elena Spatoulas Patel, co-director at the Urban-Brookings Tax Policy Center, joins "The Daily Report" to discuss.

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