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THE head of the local retailers group in the Philippines is urging the government to abolish the de minimis law which exempts imported goods valued at P10,000 or less from customs duties and taxes, ...
President Donald Trump has suspended a tax perk for all countries, which allowed cheap packages to flow into the country duty-free and American consumers to shop at ultra-low-priced e-commerce sites.
Low-cost products have long been exempt from high tariffs but, as the "de minimis" tariff exemption is slated to be axed at ...
The U.S. will end duty-free treatment for low-value imports globally, shaking up cross-border e-commerce and targeting trade ...
The de minimis exemption, which had already been repealed for goods from China, will be repealed globally on August 29, adding duties to all imports.
Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed ...
US shoppers who buy low-cost items from overseas will face higher fees from the end of August after President Donald Trump ...
Trump also signed an order saying that government now had the systems in place to close the tariff loophole on “de minimis” ...
Many have wondered how Temu stays in business. Not only does the online discount retailer manage to offer some shockingly low ...
He also imposed a tariff of 50% on more than half of America’s imports from Brazil, complaining the country was persecuting ...
After several delays, President Trump's tariffs take effect on Aug. 1, with new rates announced hours before ...
Many sellers found workarounds by doing things like routing their shipments through Macau. But a new executive order will end the de minimis exemption on packages shipped from any country starting on ...