The de minimis loophole, which allowed shipments less than $800 to be exempted from tariffs, is slated to end as of May 2.

Handbags, scarves and other goods sold in the United States by French luxury brand Hermes will cost more in May due to tariffs imposed by President Donald Trump.

We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès’s manufacturing.