U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...
The Trump administration on Friday delayed the suspension of the so-called de minimis provision, which allows packages worth ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...
The removal of the provision, which benefitted fast-fashion retailer Shein and the marketplace Temu, could lead to higher ...
The Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...
Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...
China-based e-commerce platforms built multi-billion dollar businesses by exploiting a customs loophole. That loophole – Section 321 'de minimis' thresholds – is now closed, and with it, the current ...
It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.
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