Trade court upholds Trump's closure of 'de minimis' loophole

August 13, 2026·Source: CNBC·2 views

President Donald Trump in a Truth Social post celebrated the continued closure of the deminimis exemption as a "BIG WIN."

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A vote on whether to resume membership talks with the European Union is too close to call.

Under the deal, $19 from every barrel of oil sold to the US will flow to Caracas, interim President Rodriguez says.

The final vote is expected to be extremely close, with ballot counting continuing through the night.

Iceland's leadership has promised to honour the country's decision in the vote, which is currently too close to call.

Trade court upholds Trump&apos;s closure of &apos;de minimis&apos; loophole