President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
A rule that allowed goods under a certain value to be imported duty free from China into the US is in jeopardy, with industry ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ...
President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or ...
President Donald Trump has delayed his ban on duty-free treatment of low-value shipments from China until border agencies can figure out how to collect ...
Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
In fiscal 2022, 83 percent of total U.S. e-commerce imports used the loophole, known as de minimis, according to a government report. Also Tuesday, the U.S. Postal Service briefly suspended ...
Duty-free treatment for sub-$800 products will end again once systems are put in place to collect tariff revenue more ...
Trump had revoked the nearly century-old de minimis loophole in an executive order this month that imposed tariffs on China. The president imposed tariffs on Canada and Mexico at the same time but ...
Earlier this week, Trump's executive orders for tariffs on Chinese goods also ended "de minimis," which allows retailers like Shein, Temu and Amazon to send packages to the U.S. quickly and cheaply.
Now, direct-to-consumer packages worth less than $800 will be subjected to CBP’s “formal entry” process, meaning that they’ll ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay ...