News

The de minimis rule refers to a nominal threshold that exempts low-value imports from customs duties and rigorous inspection ...
The administration of President Barack Obama raised it to that level from ... The end of the de minimis exemption for imports from mainland China and Hong Kong doesn’t mean Americans can ...
Trump's tariffs mean the days of ultra-cheap online shopping ... import tariffs for packages valued under $800—known as the "de minimis" exemption—has been eliminated for shipments from ...
What does this mean for consumers? Likely some higher prices, and possibly some longer shipment times — but there are a lot of unknowns, too. Why did Trump end the de minimis exemption?
She regularly appears on CBS News 24/7 to discuss her reporting. The so-called de minimis package loophole had long allowed Chinese e-commerce firms to ship low-value goods to U.S.-based customers ...
A trade loophole known as the de minimis exemption is set to expire on May 2, 2025, possibly driving up the cost of packages for U.S. shoppers who purchase goods online from China. The de minimis ...
The de minimis tariff was initially seen as being left out of the wider deal, meaning a 120% tariff rate ... prices for shipping might go to pandemic levels. Speed to market and not over-producing ...
"This is causing chaos at all levels, " said Andrew K. McAllister, a partner at law firm Holland & Knight in Washington, D.C. The de minimis exemption has been around since 1930, when the ...
The U.S. de minimis exemption will end for products from ... Postal systems do not have the same level of shipment information granularity as express air couriers, according to Marianne Rowden ...
In fiscal 2022, 83 percent of all U.S. e-commerce imports used the “de minimis” loophole, according to a government report. Trump initially did away with the de minimis exemption in February ...
The administration of President Barack Obama raised it to that level from ... The end of the de minimis exemption for imports from mainland China and Hong Kong doesn’t mean Americans can ...