Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.

Friday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.

President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...

A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ...

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.

“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 ...

The de minimis exemption has been around since 1930, when the threshold was $1, but has been increasingly used as a tool to allow for greater free trade. Congress raised the threshold in 2016 from ...

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 ...