Trump signed an executive order Wednesday to end the so-called “de minimis” exemption on merchandise from China and Hong Kong. The rule allowed companies to avoid import taxes and certain customs paperwork on packages worth $800 or less.

De minimis tariff exemptions, which currently allow packages worth as much as $800 from China and Hong Kong to enter the US duty free, will end on May 2, the White House said, a potential blow to discount marketplaces like Temu and Shein.

Consumers will still be able to buy goods from Shein and Temu under the rule change, but they could be more expensive. Is the US headed for a recession? 4 warning signs to keep an eye on The Cato ...