Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
Trump's pause on ending the de minimis exemption gives Chinese e-commerce giants Shein and Temu a temporary edge.
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with a value totaling less than $800 is allowed to enter the country duty-free and with minimal ...
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Just Style on MSNUS coalition calls for permanent end to de minimis loopholeA collective of US entities, known as the Coalition to Close the De Minimis Loophole, has reached out to US President Donald ...
(Credit: JADE GAO/AFP via Getty Images files) The de minimis exemption — derived from Latin meaning “too small to be of significance” — was an amendment to the Tariff Act of 1930 and was enacted by ...
President Donald Trump has reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or tariffs.
Proposed move may increase delivery times, push price tags up by as much as 50% for items that continue to ship by air.
Trump Closed a Loophole for Low-Cost Imports ‒ Until All Hell Broke Loose By Laura Gottesdiener and Stephen Eisenhammer (Reuters) -Days after U.S. President Donald Trump ended duty-free entry ...
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