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NCTO describes the closing the de minimis loophole bill as the "strongest and most comprehensive legislative solution".
WASHINGTON – U.S. Senators Sheldon Whitehouse (D-RI) and Lindsey Graham (R-SC) today introduced the Closing the De Minimis Loophole Act, bipartisan legislation to end the “de minimis” exemption, which ...
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 ...
The US National Council of Textile Organizations (NCTO) supports the US proposal to end de minimis for all countries by 2027.
An executive order signed by President Donald Trump is slashing the "de minimis" tariff on cheap goods from China "from 120 percent to 54 percent." ...
Low-value parcels shipped from China to the U.S. are now subject to a 54% tariff after a trade agreement was reached.
US-China talks advance, but questions remain over rare earths, de minimis The US will lower extra tariffs on Chinese goods from 145% to 30%, while China will cut tariffs on US products from 125% to 10 ...
De minimis requirements: What UAE free zone companies should know Qualifying free zone companies can pay 0 per cent tax if they meet certain requirements ...
A little-known trade provision is ending, and it will likely upend business for e-commerce companies and raise prices for consumers. De minimis has allowed companies to avoid duties on shipments ...
'De minimis': The rarely examined trade clause about to become a very big deal There's a long and detailed set of discussions that have bored on for decades about the pros and cons of this scheme ...
The de minimis loophole is officially closed — get ready for higher prices and longer waits on your packages ...
Americans who buy from low-cost Chinese e-commerce sites are about to feel the pinch from President Donald Trump's tariffs as the de minimis exemption has ended.