Trump’s tariff worry? Ross Jerber notes that the European Union’s requests are less than $ 800 still make you without taxes

Sunday, Ross JerberCEO of Geerber Kawasaki wealth and investment managementParticipate in an alternative solution to the president Donald TrumpS new tariffs on the European Union goods, and revealed that American consumers can avoid taxes by requesting elements of less than $ 800 from the European Union.

What happened: The most highlighted an email from the luxurious Swedish shoe maker Morjas & CompanyAnd who reassured American clients that requests less than $ 800 are still free of customs duties under the current American import regulations.

Share this insight with more than 387,000 followers on xpreviously twitterAnd writing, “It seems that if you seek things in less than $ 800 of increases from the European Union, Trump cannot impose taxes on you. Expect more emails from companies.”

The email from Morjas explained that although the new definitions have increased the duties of the European Union products, the “minimum base” still applies to shipments of less than $ 800, which means that they remain exempt from additional duties or taxes.

“The sharp definitions of products from the European Union means that the shipments of more than $ 800 may now undergo higher import duties upon arrival in the United States, the final amount depends on how customs are classified as products in your request,” as stated in the email.

See also: Jpmorgan raises the risk of recession to 60 % as “American tax increase” in 60 years.

Definitions are direct taxes that are applied specifically to imported goods to protect local industries, while duties are indirect taxes imposed on consumers for both imported and local goods.

Why do it matter: Trump’s recent definitions, part of the “mutual tariff” strategy, have created major concerns about the high costs of American consumers.

Under the new policy, you will live 10 % on all imports on April 5, 2025, with additional duties targeting specific countries such as China, India and European Union members. The basic materials will be exempt from definitions.

Last week, Trump ended the minimum exemption for China and Hong Kong – a policy that previously allowed imports of $ 800 to enter the United States without tariffs.

The new thing, which enters into force on May 2, 2025, comes amid Trump’s accusations that Chinese shipping companies are taking advantage of gaps and concerns about the flow of fentanel from China.

Customs and US border protection are about four million shipments of the minimum minimum China every day, allowing them to enter the country’s duty.

According to the White House Facts newspaper, these charges will now be subject to fees – either 30 % of their value or $ 25 per element, with an increase in the rate to $ 50 per element starting from June 1.

Compliment: Fizkes

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Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.