A Latin term that’s been little-known outside the world of customs brokers has suddenly become the stuff of headlines. Along ...
U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...
President Trump's executive order expanding tariffs could snag billions of dollars in cheap goods from retailers like Temu ...
US shoppers shared screenshots with BI showing the import fees they were asked to pay to receive their packages, some as high ...
China-based e-commerce platforms built multi-billion dollar businesses by exploiting a customs loophole. That loophole – Section 321 'de minimis' thresholds – is now closed, and with it, the current ...
President Trump scrapped the de minimis rule, a provision that allowed low-cost goods, like clothing from e-commerce sites, ...
The president's executive order exacted new duties on China, and prevents the country's omnipresent e-commerce players from ...
It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.
The Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...