The GOP’s big [tax-and-spending bill]( ...

The De Minimis Exemption, a trade loophole, is set to expire on May 2, 2025, driving up the cost of packages for U.S. shoppers who purchase goods online from China.

What the 90-day U.S.-China tariff reduction means for businesses 09:33. The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an ...

A growing number of foreign imports have fallen under the de minimis exemption in the last decade. Between 2015 and 2024, the volume of de minimis shipments increased from 134 million to nearly 1. ...

The de minimis trade loophole has expired, affecting international shipping costs. The loophole allowed shipments under $800 to avoid import taxes and levies. Shein and Temu have said they will ...

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 ...

The Trump administration’s elimination of the “de minimis” loophole has implications for businesses ranging from Etsy sellers to e-commerce behemoths.

The de minimis exemption was introduced in 1938 to reduce duties, fees, and other taxes on certain imported goods with a value of $1 or less, before the threshold was raised to $8 in 1978, $200 in ...

Legal experts said the de minimis provision has been in place since the 1930s, and is a recognition of the need for alternative trade rules for smaller, less valuable products.

WASHINGTON – U.S. Senators Sheldon Whitehouse (D-RI) and Lindsey Graham (R-SC) today introduced the Closing the De Minimis Loophole Act, bipartisan legislation to end the “de minimis” exemption, which ...

Shein and Temu orders no longer enjoy trade loophole May 2. The de minimis exemption on products from China is set to end at midnight on May 1. Postal packages from China valued at under $800 will ...