WHAT'S CONFIRMED▸Trump's closure of the de minimis exemption was upheld by trade court. — CNBC, AxiosNOT REPORTED ELSEWHERE▸Trump celebrated the ruling as a 'BIG WIN' on Truth Social. — CNBC▸The suspension brought in about $1 billion in duties in 2025. — Axios▸Congress established the de minimis exemption in 1938 to avoid costly compliance. — Axios