Note: Ending the tax exclusion on employer-provided food may not include de minimis meals. “De minimis” means something is considered low in value and frequency, like occasional coffee and ...
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 and Temu benefit from Trump's pause on ending the de minimis exemption — for now. The de minimis exemption allows duty-free imports under $800. Meanwhile, many companies that source their ...
It’s been 11 days since President Donald Trump hit pause on an executive order suspending de minimis treatment for shipments originating in China. And while the move has given shippers ...
Under U.S. tax law, the de minimis provision lets companies avoid import taxes and customs inspections on international shipments with a retail value of less than $800.
While that fact alone can hide the true impact of tariffs on China, an even bigger price shock could come if the Trump administration manages to terminate the so-called "de minimis" import rule.