President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
Duty-free treatment for sub-$800 products will end again once systems are put in place to collect tariff revenue more effectively, per the White House.
Friday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.
“It’s also a really tough thing to imagine that a customer is going to pay more than they already are.” The issue Russell was talking about is known as the de minimis exemption. It allows ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
The Trump administration on Friday delayed the suspension of the so-called de minimis provision ... but customers will still have to pay the import tax.
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ...
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