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A special exemption that prevented tariffs from being imposed on some packages coming from China expired overnight Friday.
The "de minimis" trade loophole - which allowed duty-free access for cheap shipments from China and Hong Kong - has ended, with e-commerce players and the shipping industry bracing for potential ...
However, the exception expired at one minute past midnight, which means nearly 4 million duty-free shipments a day will now ...
The loophole allowed retailers to not pay import taxes or tariffs on shipments valued at less that $800 that were sent ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
By Helen Reid LONDON (Reuters) -As the United States ends a tariff exemption for small parcels on Friday, some retailers have ...
The end of the U.S. de minimis tariff exemption is prompting retailers to halt sales or devise workarounds to dodge high ...
The Trump administration ended duty-free access for low-value shipments from China, eliminating the de minimis exemptions.
The president's executive order banning China-originating shipments from utilizing the trade exception took effect at 12:01 ...
Shein and Temu goods might not be so cheap anymore. Starting today, the U.S. will start collecting import fees on small ...
Low-value packages from China will now be hit with a tariff. It'll hurt online shoppers who have been increasingly drawn to cheap goods.
US President Donald Trump, by executive order on April 9, is closing the door on tariff exemptions on small packages from ...
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