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 ...

The De Minimis Exemption, a trade loophole, is set to expire on May 2, 2025, driving up the cost of packages for U.S. shoppers who purchase goods online from China.

The de minimis trade loophole has expired, affecting international shipping costs. The loophole allowed shipments under $800 to avoid import taxes and levies. Shein and Temu have said they will ...

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. ...

The de minimis exemption was introduced in 1938 to reduce duties, fees, and other taxes on certain imported goods with a value of $1 or less, before the threshold was raised to $8 in 1978, $200 in ...

The Trump administration’s elimination of the “de minimis” loophole has implications for businesses ranging from Etsy sellers to e-commerce behemoths.

Legal experts said the de minimis provision has been in place since the 1930s, and is a recognition of the need for alternative trade rules for smaller, less valuable products.

WASHINGTON – U.S. Senators Sheldon Whitehouse (D-RI) and Lindsey Graham (R-SC) today introduced the Closing the De Minimis Loophole Act, bipartisan legislation to end the “de minimis” exemption, which ...

Introduced in 1938, the de minimis exception was intended to facilitate the flow of small packages valued at no more than $5, the equivalent of about $109 today. The threshold rose to $800 in 2016.

The de minimis exemption was introduced in 1938 to reduce duties, fees, and other taxes on certain imported goods with a value of $1 or less, before the threshold was raised to $8 in 1978, $200 in ...