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As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online ...
The United States would cut the low value “de minimis” tariff on China shipments to 54% from 120%, with a flat fee of $100 to remain, starting from May 14, modifying an earlier order ...
Air freight capacity between China and the U.S. dropped by almost a third after a tax-free exemption for low-value items out ...
Coming weeks will likely produce another twist in the plot after the unexpectedly swift pause in U.S.-China trade war.
The Trump administration is officially terminating the "de minimis" exemption on import fees ... executive director of the Port of Los Angeles, in a new interview on CNN Friday evening.
She regularly appears on CBS News 24/7 to discuss her reporting. The so-called de minimis package loophole had long allowed Chinese e-commerce firms to ship low-value goods to U.S.-based customers ...
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 ...
The White House announced the change in a late Monday executive order, slashing the so-called “de minimis” tariff for low-value goods that are being imported from China. Small imported ...
“De minimis — it’s very ... other that are leading to rapidly diminishing trade volumes and a slowdown in port activity. Last week, markets popped on reported remarks from Treasury Secretary ...
May 6, 2025 The loophole, known as the “de minimis exception” allowed packages valued at under $800 to enter the U.S. without being subject to tariffs. That has allowed China, in particular ...
The Trump administration has cut its tariff on “de minimis” packages, or shipments of goods worth $800 or less, coming in from China from 120% to 54% and slashed the rate from 145% to 30% for ...
In fiscal 2022, 83 percent of all U.S. e-commerce imports used the “de minimis” loophole, according to a government report. Trump initially did away with the de minimis exemption in February ...