Ending the de minimis loophole was long overdue. For decades, bad actors have exploited cheap, low-value shipments to smuggle contraband and flood U.S. and EU markets with goods, undercutting local competition in the process. Slapping duties on these packages is a necessity if either is to have any hope of levellingleveling the playing field, restoring fairness in trade and countering e-commerce giants gaming the system.
Ending the de minimis will hammer everyday people the hardest, especially those in low-income households that rely on affordable imports, which could jump astronomically in price. Simultaneously, enforcing these new duties will require considerable effort, which could be too demanding for the U.S. and the EU. The result is a policy that imposes costs on working people with no guarantee of effectiveness.
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