President Donald Trump has reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or tariffs.
Shopify president Harley Finkelstein spoke out in favor of de minimis on Tuesday, saying that countries should make it easier to sell low-cost items cross-border. An executive order issued by ...
While the pause opens up another front in the president’s promised trade war, the delay on closing the so-called de minimis loophole has businesses scrambling to make preparations and policy ...
Shein and Temu won't meet an untimely end because of de minimis changes, e-commerce experts say. The logistics world has been expecting changes to the de minimis exemption for a while, and both ...
US President Donald Trump’s elimination of a long-standing tariff exemption that benefited China’s cross-border e-commerce giants will hurt American consumers – especially those on low ...
Faculty, staff and community volunteers spent the day at the Sarita Wetland carrying garbage out and wood chips for trails in. The project was part of the campus-wide Beautiful U Days. The ...
(Reuters) -U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the "de minimis" exemption on import tariffs. Trump's ...
Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...
(Credit: JADE GAO/AFP via Getty Images files) The de minimis exemption — derived from Latin meaning “too small to be of significance” — was an amendment to the Tariff Act of 1930 and was enacted by ...
“De minimis” rules, which state that incoming goods under a certain value are not subject to import duties, were temporarily suspended by the US but reinstated within a week. A rule change was ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption. De minimis has helped propel Chinese e-commerce upstarts Temu and ...