Trump shuts major online shopping loophole in blow to bargain hunters as his sweeping tariffs take effect
Donald Trump signed an executive order as part of his 'Liberation Day' plans that charges a 30% tax on orders under $800 from foreign retailers that could change the face of online shopping forever. The president spent Wednesday launching his tariff plan and giving a fiery speech criticizing the rest of the world for taking advantage of the United States. A jittery Wall Street is bracing for chaos Thursday morning as US stock markets open for the first time since President Trump unveiled the higher-than-expected tariffs.
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