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The Trump administration is wiping out duty-free treatment for low-cost imports shipped by e-commerce retailers direct to ...
U.S. President Donald Trump’s executive order suspending the de minimis exemption for imports could have blowback for ...
The de minimis exemption, which had already been repealed for goods from China, will be repealed globally on August 29, adding duties to all imports.
The de minimis threshold was raised in 2016 from $200 to $800 to allow U.S. Customs and Border Protection (CBP) to focus its resources on bigger-ticket items which generate more tariff revenue for ...
[1] Note that in addition to the safe harbor exception described in this post, there are other ways to reduce or eliminate reporting penalties. For example, the penalty can be reduced or ...