Air cargo shipment volume from Asia has declined by double digits since the U.S. cancelled a tax-free exemption for low-value ...

Sen. Cynthia Lummis (R-Wyo.) unveiled new legislation Thursday updating tax rules for cryptocurrencies, as Congress continues ...

Sri Lanka has followed President Donald Trump in to de minimis protectionism where small parcels are now now individually ...

A court in Sri Lanka has blocked potential winding up of SriLankan Airlines initiated by Trustees to defaulted bondholders, ...

What the 90-day U.S.-China tariff reduction means for businesses The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an executive ...

A White House executive order said on Monday that the United States would cut the low-value "de minimis" tariff on China shipments to 54% from 120%, with a flat fee of $100 remaining, starting ...

MANILA, Philippines — A local trade association of retailers has formally petitioned the Bureau of Customs (BOC) to scrap the de minimis rules on imported goods, ramping up its push to remove ...

China exported US$240 billion worth of goods under the de minimis rule globally in 2024, representing 7% of exports and 1.3% of GDP. (AP pic) ...

In a May 6 letter to Customs Commissioner Bienvenido Rubio, PRA president Roberto Claudio said the country’s retailers are calling for the removal of the de minimis value threshold currently ...

PRA President Roberto S. Claudio said that the group will continue pushing for the eventual removal of the de minimis rule. “The European Union has already completely abolished de minimis; in the US, ...

In a letter to the government last month, men's clothing company Indochino, known for its custom suits made-to-order in China, warned that ending de minimis posed a "significant threat to the ...