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In September of 2024, 126 House Democrats signed a letter urging then-President Joe Biden to end the de minimis exemption for China. The letter, signed by both more centrist and progressive ...
Without the de minimis exemption, these duties will also apply to sub-$800 products from the country. However, ... It was designed for letters,” Rowden said in an interview.
The Senate passed a sweeping budget bill today, which will now go to the House for approval with the goal of transmitting a ...
What the 90-day U.S.-China tariff reduction means for businesses 09:33. The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an ...
U.S. Customs and Border Protection processes more than 4 million de minimis shipments into the ... more than 120 congressional Democrats signed an open letter to then-President Joe Biden pleading ...
In 2016, the U.S. raised the de minimis import threshold from $200 to $800, one of the highest de minimis rates in the world, to facilitate trade and cut down on enforcement costs.
The number of de minimis parcels shipped to the U.S. has surged to more than 1 billion in 2023, up from 153 million in 2015, with China accounting for the largest volume of shipments, ...
A growing number of foreign imports have fallen under the de minimis exemption in the last decade. Between 2015 and 2024, the volume of de minimis shipments increased from 134 million to nearly 1. ...
Such goods are allowed to enter the United States tariff free. Mr. Trump’s order, which takes effect on May 2, removes the exemption from packages from China, the largest source of de minimis ...
The Trump administration’s elimination of the “de minimis” loophole has implications for businesses ranging from Etsy sellers to e-commerce behemoths.