A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines this year.

Low-value parcels shipped from China to the U.S. are now subject to a 54% tariff after a trade agreement was reached.

The U.S. will cut the 'de minimis' tariff for low-value shipments from China to as low as 30%, according to a White House ...

but U.S. businesses that drop ship from factories in Mexico or Canada, for example. A longtime proponent of the demise of de minimis, the National Council of Textile Organizations (NCTO), which ...

Hundreds of officials from the World Health Organization will join donors and diplomats in Geneva from Monday with one question dominating their thoughts - how to cope with crises from mpox to cholera ...

The de minimis tariff was initially seen as being ... the U.S. by President Barack Obama from $200 in 2016. In neighboring Canada, it is about $40 and in Europe around $150. The exemption was ...

The U.S. said it would cut tariffs on low-value parcels from China to 54% from 120%, hours after Washington and Beijing agreed to a 90-day trade truce.

Chinese online retailers had previously relied on the "de minimis" loophole to ship low-value items to the US.

The news comes after Washington and Beijing came to a temporary trade agreement that was hailed as a “total reset” in ...

The duty on small parcels from China is being reduced to 54% from 120%, another step toward cooling the simmering trade war.

(Reuters) -U.S. President Donald Trump's tariff decisions since he took office on January 20, from imposing sweeping duties ...

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 ...