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

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

The Senate passed a sweeping budget bill today, which will now go to the House for approval with the goal of transmitting a ...

In September of 2024, 126 House Democrats signed a letter urging then-President Joe Biden to end the de minimis exemption for China. The letter, signed by both more centrist and progressive ...

On a typical day in 2024, Customs and Border Patrol: $9.2 billion worth of imported products $241 million in duties, taxes ...

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 ...

U.S. Customs and Border Protection processes more than 4 million de minimis shipments into the ... more than 120 congressional Democrats signed an open letter to then-President Joe Biden pleading ...

The de minimis exemption — a policy that makes shipments into the U.S. worth less than $800 duty-free — is set to end for shipments from China on May 2. ... Upper case letters (A-Z) Numbers (0-9) ...

Such goods are allowed to enter the United States tariff free. Mr. Trump’s order, which takes effect on May 2, removes the exemption from packages from China, the largest source of de minimis ...

In 2016, the U.S. raised the de minimis import threshold from $200 to $800, one of the highest de minimis rates in the world, to facilitate trade and cut down on enforcement costs.

The Trump administration’s elimination of the “de minimis” loophole has implications for businesses ranging from Etsy sellers to e-commerce behemoths.

Without the de minimis exemption, these duties will also apply to sub-$800 products from the country. However, ... It was designed for letters,” Rowden said in an interview.