“De minimis” rules, which state that incoming goods under a certain value are not subject to import duties, were temporarily suspended by the US but reinstated within a week. A rule change was ...
A collective of US entities, known as the Coalition to Close the De Minimis Loophole, has reached out to US President Donald ...
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 ...
The de minimis rule, which allows goods valued at $800 or less to enter the U.S. duty-free, has sparked debate due to its potential impact on U.S. businesses and tariff revenue. While some argue ...
Speaking to a governors’ conference at the White House on Friday, President Trump appeared to believe he had ended the “de minimis” exemption, a rule that allows packages valued at less than ...
Around 80 per cent of all e-commerce shipments into the U.S. use de minimis, according to a 2022 U.S. congressional research report. The popularity of the exemption has also brought scrutiny: Some ...
Few of the factory owners in this ramshackle part of Guangzhou in southern China have any idea what the “de minimis exemption” is or how it affects the level of tariffs their products face ...
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 ...
Fast-fashion group Shein's plans to list in the UK stock market are likely to be postponed to the second-half of this year after Donald Trump's move to close so-called "de minimis" rules ...
We cannot rule out the possibility that the Trump administration will expand the de minimis ban to more countries Sheng Lu, professor “Many US households and businesses have grown increasingly ...