
Low-cost products have long been exempt from high tariffs but, as the "de minimis" tariff exemption is slated to be axed at the end of the month, the most affordable camera gear, from cheap cameras to accessories to used cameras, could be facing higher import taxes.
The de minimis exemption allows shipments under $800 in value to pass through customs without paying import taxes. Earlier this week, however, US President Donald Trump issued an executive order that ends the de minimis exception on August 29.