Federal trade court backs Trump administration on ending de minimis tariff exemption

The U.S. Court of International Trade ruled that President Trump lawfully ended a tariff exemption for low-cost goods utilizing a 1970s-era emergency statute.

• The U.S. Court of International Trade upheld Trump's termination of the de minimis tariff exemption
• The court affirmed the use of the 1970s emergency statute for ending the exemption