A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay taxes ...
The U.S. de minimis exemption will no longer apply to products from China and Hong Kong starting next month, the White House announced Wednesday, and its elimination is slated for other countries soon ...
The de minimis gravy train has come to a halt for China-based retailers and sellers. At 12:01am on Friday, the trade exception (which has allowed shipments worth $800 or less to enter the country duty ...