Senator Lummis’s standalone crypto bill proposes tax exemptions on certain crypto transactions and more clarity on the ...

Air cargo shipment volume from Asia has declined by double digits since the U.S. cancelled a tax-free exemption for low-value ...

The de minimis rule, which dates to 1938, had been a target of criticism from American lawmakers as a loophole that lets ...

The bill proposes a $300 exemption for small Bitcoin and crypto transactions, defers taxes on mining and staking until assets ...

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

The US Congress is poised to bar companies with ties to China from gaining clean energy tax credits - a move that critics ...

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 ...

Trump on Wednesday signed an executive order eliminating the so-called de minimis provision for low-value parcels from China, effective May 2. Under U.S. tax law, the de minimis provision allows ...

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 ...

In February, President Donald Trump ended the de minimis exemption by imposing a tax of 120% of the package's value or a planned flat fee of $200 — set to come into effect by June — after it ...

HONG KONG - The United States will cut the low value \"de minimis\" tariff on China shipments, a White House executive order said on Monday, further de-escalating a potentially damaging trade war ...