Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...

In 2024, shipments entering under de minimis provision reached 1.36bn. Credit: DifferR/Shutterstock. The US House Ways & Means Committee, the chief tax-writing committee in the House of ...

MANILA, Philippines – To restore fair competition, protect local industries and improve government revenue, the Philippine Retailers Association (PRA) recently petitioned the Bureau of Customs ...

One key condition is the “de minimis requirement” that a QFZP must satisfy, along with other qualifying conditions, to receive the preferential 0 percent tax rate. To retain the 0% corporate ...

The United States would cut the low value "de minimis" tariff on China shipments to 54% from 120%, with a flat fee of $100 to remain, starting from May 14, 2025, modifying an earlier order imposed ...

The Trump administration announced on Monday that it would reduce tariffs on low-cost packages that fall under the de minimis exemption ... University of Ohio told USA Today.

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 ...

STORY: The U.S. looks set to cut the so-called “de minimis” tariff on low-value packages from China to as little as 30%. That would be a further step towards de-escalating a trade war between ...

HONG KONG/SHANGHAI/LOS ANGELES (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 industry ...

The United States will cut the "de minimis" tariff for low-value items imported from China, a White House executive order said on Monday, further de-escalating a potentially damaging trade war ...