A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines this year.

The de minimis tariff was initially seen as being ... the U.S. by President Barack Obama from $200 in 2016. In neighboring Canada, it is about $40 and in Europe around $150. The exemption was ...

Low-value parcels shipped from China to the U.S. are now subject to a 54% tariff after a trade agreement was reached.

but U.S. businesses that drop ship from factories in Mexico or Canada, for example. A longtime proponent of the demise of de minimis, the National Council of Textile Organizations (NCTO), which ...

President Donald Trump has slashed the "de minimis " tariff on low-value packages imported from China to 54 percent, down from 120 percent, the White House confirmed in an updated executive order ...

The U.S. will cut the 'de minimis' tariff for low-value shipments from China to as low as 30%, according to a White House ...

In 2024, shipments entering under de minimis provision reached 1.36bn. Credit: DifferR/Shutterstock. The US House Ways & Means Committee, the chief tax-writing committee in the House of ...

Hundreds of officials from the World Health Organization will join donors and diplomats in Geneva from Monday with one question dominating their thoughts - how to cope with crises from mpox to cholera ...