To understand the origin of the free-trade excesses that created record trade deficits and set in motion President Donald Trump’s tariff storm, consider the so-called de minimis exemption.

Trump tariffs: Follow here for live updates on Wednesday What is 'de minimis' and what does it have to do with Temu and Shein? The de minimis exemption refers to Section 321 of the Tariff Act of ...

While the end of de minimis has been long foreshadowed for goods imported from China, ending it for all countries is a shock that was not widely anticipated buried in the executive order, says Ryan ...

President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2. Wednesday's announcement, which came alongside a set of sweeping new tariffs ...