President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
A rule that allowed goods under a certain value to be imported duty free from China into the US is in jeopardy, with industry ...
U.S. President Donald Trump paused his administration's repeal of duty-free treatment of low-cost packages from China on ...
President Donald Trump has delayed his ban on duty-free treatment of low-value shipments from China until border agencies can figure out how to collect ...
President Donald Trump on Friday 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 ...
Earlier this week, Trump's executive orders for tariffs on Chinese goods also ended "de minimis," which allows retailers like Shein, Temu and Amazon to send packages to the U.S. quickly and cheaply.
Duty-free treatment for sub-$800 products will end again once systems are put in place to collect tariff revenue more effectively, per the White House.
Trump had revoked the nearly century-old de minimis loophole in an executive order this month that imposed tariffs on China. The president imposed tariffs on Canada and Mexico at the same time but ...
The eventual cancellation of de minimis means the more than 1 billion small-value e-commerce packages arriving annually in the United States with goods coming directly from China must switch to an ...