What the 90-day U.S.-China tariff reduction means for businesses The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an executive ...

The de minimis exemption, as it’s known, allowed shipments of goods worth $800 or less to come into the United States duty-free, often more or less skipping time-consuming inspections and paperwork.

The de minimis exemption meant retailers could save a lot of money on parcels sent to the US by not having to pay import taxes or levies. It applied to shipments valued at less than $800 that were ...

Monday’s executive order eases the 120% tariff on de minimis postal packages down. The new 54% rate only applies to shipments handled by postal services such as USPS. Deliveries from UPS, FedEx ...

May 2: Packages previously covered by de minimis set to face taxes After China imposed its own retaliatory tariffs on the U.S., Trump announced the tariff on Chinese imports would jump from 54% to ...

Will the crackdown by U.S. Customs and Border Protection on certain low-value import shipments curb abuse of a rule that affords them duty-free treatment, or disrupt the flow of e-commerce? E-commerce ...