NewsNBC Miami PoliticsJune 16, 2026Miami-Dade
Etsy Sellers Report Business Declines Following New Trump Tariffs
Small business owners on Etsy report significant financial losses and operational struggles following the Trump administration's elimination of the 'de minimis' duty-free exemption and the imposition of new global tariffs. Sellers cite increased shipping costs, difficulty sourcing materials, and a drop in customer demand as primary factors forcing some to close their shops.
Read the full story at NBC Miami PoliticsWhy It Matters
The elimination of the removes the ability for small businesses to import goods valued under $800 duty-free, directly increasing costs for sellers and prices for consumers.
Key Facts
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Who's Mentioned
personCindy Baldassi“Reports shifting business operations away from Etsy due to tariff impacts.”organizationCongressional Budget Office“Estimated the long-term budget impact of tax cuts.”personJohn Diamond“Rice University economist who characterized the de minimis repeal as a 'Trumpian”personGary Hufbauer“Senior fellow at the Peterson Institute of International Economics; critic of de”personEmmalyn Perez“Owner of BewitchedStitchery who reports declining profits due to tariff-related ”organizationPeterson Institute of International Economics“Provided economic analysis on tariff impacts.”personRoman Sobieri“Etsy's head of global shipping; stated the company is working to help sellers ad”personAmit Khandelwal“Yale University economist who researched the impact of de minimis imports on low”organizationEtsy“The primary platform used by the affected sellers.”personTaylor Rogers“Defended the administration's tax cuts and regulatory changes.”personDonald Trump“Enacted global tariffs and eliminated the de minimis exemption.”