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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 ...
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 ...
Good morning, NewsNation. For more fact-based, unbiased news coverage 24/7 – Download the NewsNation app here > Trump ends China’s de minimis tariff exemption on low-value packages Packages ...
NEW YORK--(BUSINESS WIRE)-- Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure (“Blackstone”) have completed their acquisition of Safe Harbor Marinas ...
That’s thanks to a decision by U.S. President Donald Trump to close a tariff loophole for “de minimis” merchandise from mainland China and Hong Kong starting May 2. The phrase — which loosely ...
If you’ve ordered something from another country sometime in the last ten years that was worth less than $800, you’ve benefited from the de minimis exemption. The policy, which comes from a ...
UK retailers would benefit from the abolition of de minimis rules, which have given Shein’s business model an advantage, believes fashion analyst Maureen Hinton Peter Pernot-Day, head of strategy and ...
It also claims that the law violates Section 230 of the U.S. Communications Decency Act, which protects platforms from liability for what their users post (safe harbor). “While the law’s ...
Speaking in Washington DC at the annual IMF Spring meetings on 23 April, chancellor Rachel Reeves announced plans to review the UK's "de minimis" rule, which allows goods worth £135 or less to be ...
with no transparency around chemical content or fiber composition — making safe, effective recycling nearly impossible.” Kibbe said eliminating the de minimis exemption could support a more ...
Last year, 1.36 billion packages entered the United States through that loophole, which is known as the de minimis exemption and allows goods worth less than $800 to enter the country without tariffs.