According to Lummis, the remedy for this is to end this unfair tax policy and make sure the US becomes the leading power in ...

The so-called de minimis provision that exempts packages of $800 or less from duties was eliminated on May 2 for goods made in China and Hong Kong, after Trump in early April ordered the end of ...

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 ...

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. Un.

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 ...

What the 90-day U.S.-China tariff reduction means for businesses 09:33. The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an ...

The de minimis exemption, for items valued at up to $800 and sent from China via postal services, were previously able to enter the United States duty free and with minimal inspections.

A White House executive order said on Monday that the United States would cut the low-value "de minimis" tariff on China shipments to 54% from 120%, with a flat fee of $100 remaining, starting ...

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 ...

HONG KONG/SHANGHAI/LOS ANGELES, May 13 (Reuters) - The U.S. will cut the "de minimis" tariff for low-value shipments from China to as low as 30%, according to a White House executive order and ...

De minimis, a legal term referring to matters of little importance which describes the U.S. waiver of standard customs procedures and tariffs, was one of the most generous exemptions in the world ...