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Trump tariffs: Follow here for live updates on Wednesday What is 'de minimis' and what does it have to do with Temu and Shein? The de minimis exemption refers to Section 321 of the Tariff Act of ...
President Trump’s executive order ending the de minimis rule for China is set to strengthen U.S. manufacturing, safeguard ...
This will come into force on May 2, when the de minimis exception closes in the US. Starting on May 2, products coming directly from China will be subject to duties of 90% of their stated value.
Until then, prices will remain unchanged, it added. The two e-commerce sites have benefitted from a tax law loophole known as the "de minimis" exemption, which has allowed goods worth less than $ ...