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This will come into force on May 2, when the de minimis exception closes in the US. Starting on May 2, products coming directly from China will be subject to duties of 90% of their stated value.
This article highlights the changes that are coming for postal and de minimis shipments into the United States. Although this is a very fluid environment the trendline is emerging for our near ...
Until then, prices will remain unchanged, it added. The two e-commerce sites have benefitted from a tax law loophole known as the "de minimis" exemption, which has allowed goods worth less than $ ...
The U.S. de minimis exemption will end for products from China and Hong Kong on May 2, with other countries slated to follow, putting many direct-to-consumer supply chains in flux. The decades-old ...