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The Trump Administration has ended a long standing tax loophole, called the de minimis exemption, meaning shoppers looking to ...
The Ferndale parts dealer is among several companies and states challenging President Donald Trump's tariffs in court.
If you’ve purchased something from Chinese e-commerce giants Shein, Temu or Alibaba, then you may have benefited from a trade loophole called the de minimis exemption.
That could mean substantial delays in shipments, experts note. What is the de minimis loophole? The provision was introduced in 1938 as Section 321 of the Tariff Act of 1930.
His official reasoning is that Chinese-based shippers use the de minimis exemption to ship illicit substances like fentanyl in low-value packages.
The trade group lauded Senate lawmakers for choosing to leave the section that proposes ousting de minimis by 2027.
The Trump administration’s move to shut down a long-standing tariff loophole is already hammering Chinese exporters and ...
What's is the de minimis exemption, and why is it ending? Previously, packages valued under $800 entered the United States without any import duties or tariffs. This loophole allowed e-commerce ...
The de minimis exemption — a policy that makes shipments into the U.S. worth less than $800 duty-free — is set to end for shipments from China on May 2.
The de minimis tariff was initially seen as being left out of the wider deal, meaning a 120% tariff rate on shipments from China valued at less than $800, or a flat $100 fee per postal item, remained.
What will the 'de minimis' rule change mean for online shoppers? Credit: Photo by ADEK BERRY/AFP via Getty Images On Friday, May 2, packages worth less than $800 entering the U.S. from China will ...