Trump’s tariffs are expected to hit local small businesses hard after the fine print shows it eliminates the de minimis exemption. The not-well-known exemption means businesses can currently cross the border with or ship goods under a certain amount into the U.S duty free. Travis Prasad explains.
- What is the de minimis exemption? Why Canadian businesses fret over its fate
- Trump tariff fine print: $800 daily exemption for B.C. businesses to be eliminated