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A federal trade court upheld Trump’s move to end the tax-free de minimis exemption for imports under $800.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02A federal trade court on Thursday upheld Trump's elimination of the de minimis exemption,
00:08which allowed goods valued under $800 to enter the U.S. tax-free, according to CNBC.
00:14Detroit Axel sued the Trump administration in May 2025,
00:18arguing Trump lacked authority under the International Emergency Economic Powers Act
00:24to end the exemption. A three-judge panel on the U.S. Court of International Trade
00:29ruled that the law does allow Trump to eliminate the exemption.
00:34The judges said the move does not exercise congressional spending or legislative powers.
00:39The Supreme Court said ending the duty-free exemption did not require congressional approval
00:45because it did not amount to creating new taxes or legislation.
00:50Economists warned that ending the de minimis exemption could hit lower income
00:54and minority consumers hardest, while Trump praised the trade court's ruling as a major victory.
01:01For all things money, visit Benzinga.com.
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