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The Trump administration’s move to shut down a long-standing tariff loophole is already hammering Chinese exporters and ...
STORY: The end of America’s de minimis tax loophole for low-cost packages is roiling the global air cargo business.That ...
The de minimis rule, which dates to 1938, had been a target of criticism from American lawmakers as a loophole that lets ...
A White House executive order said on Monday that the United States would cut the low-value "de minimis" tariff on China shipments to 54% from 120%, with a flat fee of $100 remaining, starting ...
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Sourcing Journal on MSNNCTO Urges House Leaders to Preserve Provision Ending De Minimis in Updated MegabillThe trade group lauded Senate lawmakers for choosing to leave the section that proposes ousting de minimis by 2027.
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 ...
The GOP’s big [tax-and-spending bill]( ...
The Trump administration ended U.S. duty-free access for low-value shipments from China and Hong Kong on May 2, removing the "de minimis" exemptions used by Shein, Temu and other e-commerce firms ...
The Trump administration has cut its tariff on “de minimis” packages, or shipments of goods worth $800 or less, coming in from China from 120% to 54% and slashed the rate from 145% to 30% for ...
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Trump Closes De Minimis ‘Loophole' to China-Made Goods - MSNThe 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 ...
The “de minimis exemption,” which allows packages worth less than $800 to enter tax-free into the United States, will be canceled for shipments from China starting May 2.
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