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.

The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...

“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 ...

On Wednesday, CBP issued a Federal Register Notice saying that de minimis shipments would be subject to formal entry procedures—meaning that importers (in this case, end consumers) would need to file ...

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 ...