President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or ...
The Trump administration on Friday delayed the suspension of the so-called de minimis provision, which allows packages worth less than $800 to enter the country duty-free, a move that helps low ...
The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
What is the 'de minimis exemption' to tariffs and why its end could have a huge impact on your wallet? - The ‘de minimis’ ...
Trump had revoked the nearly century-old de minimis loophole in an executive order this month that imposed tariffs on China. The president imposed tariffs on Canada and Mexico at the same time but ...
Earlier this week, Trump's executive orders for tariffs on Chinese goods also ended "de minimis," which allows retailers like Shein, Temu and Amazon to send packages to the U.S. quickly and cheaply.
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay ...