Trump Eliminates De Minimis Shipping Exemption: What This Means for Crypto

Effective today, the Trump administration eliminated the de minimis exemption. US importers must now pay taxes on their packages regardless of their overall cost.

For crypto, the end of duty-free imports will largely affect smaller businesses focused on hardware development and Bitcoin mining.

Today, the Trump administration ended duty-free imports of packages worth less than $800. 

Known as the “de minimis” exemption, this rule will likely affect small- and medium-sized businesses that relied on this duty-free status to lower overall costs. In the following weeks, shoppers expect elevated prices and fewer market options. 

The threshold enabled imports from major China-based e-commerce sites like Shein and Temu to do business in the United States.

These retailers relied on shipping a massive volume of low-cost packages directly to US consumers, bypassing tariffs and customs procedures.

The end of the $800 de-minimis exemption is tomorrow and almost nobody understands it. Since 2016, this exemption has driven e-commerce volumes to all time highs.

It's an absolute nuclear apocalypse for e-commerce growth and related ad spend.$amzn $ebay $wmt $meta https://t.co/MWPI6Qy2qc pic.twitter.com/lkFpnlLCc4