They blame a once-obscure trade provision, called de minimis, which has been thrust into the spotlight in recent months.
However, tariff evasion is a broader issue and is prevalent in non-de minimis imports as well. For instance, between 2009 and 2013, Ford misclassified Transit Connect cargo vans from Turkey as ...
Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
A range of firms who would have otherwise priced above the tax notch lower prices, implying a source of terms of trade gains for the country imposing de minimis. The empirical analysis identifies the ...
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
About 100 countries have de minimis exceptions, based on a wide range of monetary thresholds. The U.S. level used to be $200, but it rose to $800 in 2016 — one of the highest in the world ...
Moreover, despite Canada’s lower de minimis threshold, Temu became the top downloaded shopping app within a month of its 2023 launch, showing that market dynamics, not just tariffs, drive ...