De Minimis
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Amazon, Etsy, E-commerce Stocks Surge
The Supreme Court has ruled against former President Trump’s tariffs, finding he lacked the statutory authority to impose them. This decision has boosted e-commerce stocks, with Etsy seeing an 8% surge. The ruling particularly impacts the “de minimis” exemption, which allowed low-value packages duty-free, affecting companies like Temu and Shein. Businesses may be able to recoup billions in tariffs paid.
