A long-standing free trade rule that exempts duties and tariffs on less expensive goods entering the United States may soon ...
The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, ...
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
President Donald Trump inked an executive order that will take steps, albeit temporarily, to reinstate the de minimis treatment, which allows goods under $800 sent from China to the U.S. to not be ...
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.
“President Trump’s order directs agencies to examine not only the effects of these practices and their contribution to the U.S. trade deficit but also to propose solutions such as penalty tariffs and ...
Yes, this change will likely affect online shopping sites like Shein and Temu, which are popular among young U.S. shoppers ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ...
Closing the $800 de minimis exemption will pinch countless importers and especially low-income consumers.
Trump revoked a tax loophole that saved companies tens of billions of dollars in fees on imports. Prices on such orders could ...
In a significant move aimed at leveling the playing field for American retailers, the United States has officially closed the ...
President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on import tariffs, as he accuses China of unfair trade practices and blames it ...