Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
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 ...
provided they meet certain conditions. With the threshold as high as it is in the US, around 4 million small packages claiming de minimis exemptions crossed into the US every day in 2024.
As tariffs are hitting retailers and forcing some to raise their prices, both companies are still able to use the de minimis exemption after the Trump administration temporarily paused its plan to ...
(Credit: JADE GAO/AFP via Getty Images files) The de minimis exemption — derived from Latin meaning “too small to be of significance” — was an amendment to the Tariff Act of 1930 and was enacted by ...
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 ...
Proposed move may increase delivery times, push price tags up by as much as 50% for items that continue to ship by air.
Agarwal is watching the de minimis exemption, a rule allowing duty-free imports at or under US$800 into the United States. Everlayer, and many small businesses like it, export goods to the U.S ...
Rep. Linda Sánchez on Tuesday introduced legislation to close the de minimus loophole that allows the duty-free importation of packages valued at under $800.
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 ...