Exemption that allowed cheaper online shipments to enter U.S. tax free has ended
Exemption that allowed cheaper online shipments to enter U.S. tax free has ended
A Trump administration order took effect Friday that eliminates a rule that allowed cheaper online shipments to enter the U.S. tax free. CBS News MoneyWatch correspondent Kelly O’Grady reports on what this means for consumers.
Read the full article on CBS Money
Truth Analysis
Analysis Summary:
The article is mostly accurate, stating that a Trump administration order ended a rule allowing cheaper online shipments to enter the U.S. tax-free. The main claim is supported by multiple sources, although the article's brevity limits a comprehensive understanding. There is a slight bias due to the focus on the Trump administration's action without providing a balanced perspective on the reasons or potential impacts.
Detailed Analysis:
- Claim: A Trump administration order took effect Friday that eliminates a rule that allowed cheaper online shipments to enter the U.S. tax free.
- Verification Source #1: Confirms that President Trump ended the de minimis duty-free exception.
- Verification Source #2: States the exemption allowed packages valued at under $800 to enter the US without tariffs.
- Verification Source #3: Confirms the de minimis exemption allowed Chinese and Hong Kong retailers to ship packages worth $800 or less directly to the U.S.
- Verification Source #4: The de minimis exemption had allowed goods valued at $800 or less to enter the US without paying any tariffs.
- Verification Source #5: Confirms Trump closed a loophole for low-cost imports.
- Assessment: Supported by multiple sources.
Supporting Evidence/Contradictions:
- Source 1: President Trump has ended the de minimis duty-free exception for China.
- Source 2: The longstanding exemption allows packages valued at under $800 to enter the US without being subject to tariffs.