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De minimis resurrected? House lawmakers introduce legislation for low-value package entry
Newly introduced legislation mimicks elements of the de minimis provision that was terminated for commercial shipments last year.
Temu and Shein are undercutting American businesses through a tax loophole known as de minimis. Can Congress do anything ...
If you've purchased something from Chinese e-commerce giants Shein, Temu or Alibaba, then you may have benefited from a trade loophole called the de minimis exemption. The longstanding exemption ...
Shein and Temu benefit from Trump's pause on ending the de minimis exemption — for now. The de minimis exemption allows duty-free imports under $800. Meanwhile, many companies that source their ...
Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate The U.S. $800 de minimis exemption for goods imported from China ...
For nearly a century, the "de minimis" trade exemption let people skip import fees for shipping small stuff. But after the U.S. raised its limit to $800, that small stuff became big business, driven ...
Labor unions, business associations and other stakeholders have formed a coalition against certain de minimis imports with the help of a bipartisan group of lawmakers. The group is pushing for the ...
(Bloomberg) -- A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines this year. That’s thanks to a decision by US President Donald Trump to ...
The president’s tariff measures included a big change to trade rules that could increase costs for many purchases from sites like Amazon, Shein and Temu. By Ana Swanson Keith Bradsher and Jordyn ...
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 ...
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