To restore fair competition, protect local industries and improve government revenue, the Philippine Retailers Association ...

THE Philippine Retailers Association (PRA) said it supports the gradual abolition of the de minimis rule for imports, adding that the lowering the threshold for taxing such shipments would be a good ...

One key condition is the “de minimis requirement” that a QFZP must satisfy, along with other qualifying conditions, to receive the preferential 0 percent tax rate. To retain the 0% corporate ...

has overhauled its business model by halting shipments of Chinese-made goods to customers in the U.S. The move follows the May 2 expiration of the so-called de minimis exemption from tariffs for ...

Today, Spencer Soper reports that closing the de minimis duty-free loophole for low-cost goods into the US is likely to have ripple effects across the economic landscape. Apple partners with ...

Donald Trump calls "De minimis" a Big Scam President Donald Trump has called the de minimis exemption "a big scam going on against our country, against really small businesses." "We put an end to ...

The 1938 provision, called the “de minimis” exception, formerly allowed shipments under $800 to enter the U.S. duty-free. Trump last month signed an executive order eliminating the exemption ...

That's how many shipments used the "de minimis" provision, which exempts packages worth $800 or less from U.S. duties, in the last fiscal year. The exemption is due to end Friday for Chinese ...

It's been able to keep prices low because of the so-called de minimis rule, which has allowed items worth $800 or less to enter the country duty-free since 2016. The loophole expired Friday at 12: ...

On Friday, the Trump administration closed a trade loophole. The de minimis trade provision has allowed shipments valued under $800 to enter the country duty-free and without customs inspections.

That’s because a major shipping loophole expired at one minute past midnight on Friday. The de minimis exemption, as it’s known, allowed shipments of goods worth $800 or less to come into the ...