Temu decided to slash ad spending in the U.S. and shift its order fulfilment strategy after the White House on May 2 ended ...

At $3,000 and never adjusted for inflation during nearly a century, the Sec. 861(a)(3) de minimis exception seldom applies.

[Photo/Xinhua] China firmly opposes the United States' decision to eliminate the de minimis exemption, a tax-free policy that allows low-cost parcels to enter the US duty-free, for Chinese goods, and ...

The de minimis tax rules are out of date; but the UK government will have to address many challenges if it is to move to a ...

The EU is bringing in a fee of 2 euros ($2.26) for small packages from the likes of Temu and Shein. That's far lower than charges faced by US consumers following decisions by President Donald Trump.

Some leading democracies have accused Chinese online retail platforms such as Temu and Shein of flooding their markets with low-value goods, and US President Donald Trump has already targeted these ...

Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate China’s ultra cheap fashion and general goods giants may be ...

However, the "de minimis" duty-free access for low-value shipments from China and Hong Kong into the United States remains suspended and could weaken demand longer term, industry experts said.

The US House Ways & Means Committee, the chief tax-writing committee in the House of Representatives, included a provision in the budget reconciliation bill that would eliminate de minimis entry ...

For example, it benefits the retail sector (4.6 billion euros) because it brings customers to the stores, enables tourist travel (12.1 billion euros) and increases property values (5.8 billion euros).

A U.S. Customs and Border Protection officer inspects arriving mail for counterfeit pharmaceuticals at the International Mail Facility at John. F. Kennedy International Airport on Aug. 8, 2024 ...

The PRA cited the examples of the European Union and the US as two ... which will have a deleterious effect on the economy as a whole. In short, every benefit that removing the de minimis rule is ...