President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with a value totaling less than $800 is allowed to enter the country duty-free and with minimal ...
(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 ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...