News

What Is a Good Gift to Show Appreciation? Gift baskets on holidays, or other small tokens given infrequently and valued at under $100, are generally acceptable and meet the de minimis definition.
The “de minimis” entry process has allowed goods under $800 to bypass tariffs and undergo a simplified entry procedure. However, the increase in such shipments has overwhelmed Customs and Border ...
The release states that “Chinese e-commerce giants, as well as criminals and cartels, abuse gaps in U.S. customs law and the law’s implementation to move their illicit or illegally produced products ...
Starting Wednesday, the "de minimis" tariff will drop from 120% to 54%. A flat fee of $100 per parcel will remain in effect, but that won’t increase to $200 on June 1 as previously announced ...
China exported $240 billion in direct-to-consumer goods benefiting from de minimis worldwide last year, accounting for 7% of its overseas sales and contributing 1.3% of gross domestic product ...
What the 90-day U.S.-China tariff reduction means for businesses The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an executive ...
MANILA, Philippines — A local trade association of retailers has formally petitioned the Bureau of Customs (BOC) to scrap the de minimis rules on imported goods, ramping up its push to remove ...
China exported US$240 billion in direct-to-consumer goods benefiting from de minimis worldwide last year, accounting for 7% of its overseas sales and contributing 1.3% of gross domestic product ...
China exported $240 billion in direct-to-consumer goods benefiting from de minimis worldwide last year, accounting for 7% of its overseas sales and contributing 1.3% of gross domestic product ...
The de minimis requirement allows a QFZP to pay 0 percent tax if their non-qualifying income in a tax period doesn’t exceed 5 per cent of total revenue or AED 5 million, whichever is lower.
The end of de minimis exemptions for low-value shipments to the U.S. from China could "dramatically disrupt" e-commerce volumes that have long-fueled the global air freight market. According to a May ...
To put things into perspective, every day, 4 million de minimis shipments from China are processed by the U.S. Customs and Border Protection before being allowed into the country.