“WASHINGTON, July 30 (Reuters) - The United States is suspending a "de minimis" exemption that allowed low-value commercial shipments to be shipped to the United States without facing tariffs, the White House said on Wednesday.

Under an executive order signed by President Donald Trump, packages valued at or under $800 sent to the U.S. outside of the international postal network will now face "all applicable duties" starting on August 29, the White House said.”

Market resolves YEA if de minimus is announced to be (or is reinstated) in any capacity after Aug 29. This could be a singular country negotiating for a specific de minimus exemption, or a broader rollback. I would also consider a renewal of de minimus but at a lower dollar threshold YEA. (Ex. De minimus for packages under $500)

Resolves NAY if nothing happens and de minimus remains suspended.