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U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a ...
Finance ministers and central bank governors from the Group of Seven democracies papered over their differences.
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 ...
Canada's economy is in uncharted waters. After navigating the COVID-19 pandemic and a period of high inflation, the global trading system was upended when U.S. President Donald Trump imposed ...
MANILA, Philippines – To restore fair competition, protect local industries and improve government revenue, the Philippine Retailers Association (PRA) recently petitioned the Bureau of Customs ...
In a move that was overlooked amidst the “Liberation Day” hoopla, Trump eliminated the long-standing de minimis rule for international parcels with a declared value not exceeding $800.
The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...
The de minimis tariff was initially seen as being ... the U.S. by President Barack Obama from $200 in 2016. In neighboring Canada, it is about $40 and in Europe around $150. The exemption was ...
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.
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 ...
It’s a very strategic approach from a new PM to say, "We’re not going to have a retaliation,"' says Tony Stillo, Oxford’s director of Canada economics Author of the article: You can save ...