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At $3,000 and never adjusted for inflation during nearly a century, the Sec. 861(a)(3) de minimis exception seldom applies.
Logistics startup Portless secures $18 million in Series A funding amid tariff changes, offering Western brands a ...
The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...
President Donald Trump’s “big, beautiful” tax bill was approved by the House Ways and Means Committee this week—and the massive package could alter the fate of the de minimis trade exemption.
In 2024, shipments entering under de minimis provision reached 1.36bn. Credit: DifferR/Shutterstock. The US House Ways & Means Committee, the chief tax-writing committee in the House of ...
NEW YORK (AP) — Former New York City Mayor Bill de Blasio has agreed to pay a $329,794 fine to settle an ethics board’s complaint that he misspent public funds on his security detail during ...
It was suspended within four months. Under the agreement, de Blasio must pay $100,000 immediately, followed by quarterly installments of nearly $15,000 for the next four years. If he misses a ...
Earlier in May, the Trump administration closed a "de minimis" loophole that previously allowed for "low value" packages valued at $800 or less entering the U.S. to be exempt from tariffs and ...
NEW YORK (AP) — Former New York City Mayor Bill de Blasio has agreed to pay $329,794 fine to settle an ethics board’s complaint that he misspent public funds on his security detail during his ...
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 ...
Carriers can pay either the 54% or the $100 fee per package, industry experts said. The logistics companies or freight forwarders collect those tariff fees from sellers in China in advance. The de ...
The removal of "de minimis" ‒ duty-free treatment of e-commerce packages worth less than $800 ‒ for products originating from China and Hong Kong exposes those goods to tariffs of 145% on most ...
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