As a tariffs loophole closes, small online sellers scramble
The New York Times reports: Small-ticket items shipped to the United States from China will no longer be exempt from tariffs starting on Friday, when a decision by President Trump to shutter a shipping loophole he calls a “scam” takes effect. The move is expected to send ripples through the economy as American consumers, who have gotten used to buying cheap shoes, Hawaiian shirts, holiday decorations and other products made in China, suddenly find those products much pricier. The fallout…