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In addition, the bill wants to end the de minimis rule on all countries, an exemption that allows foreign countries to ship ...
Senate passes Trump’s $3.3 trillion big beautiful bill—crypto markets eye inflation risks, tax reforms, and Bitcoin’s safe-haven appeal.
The trade group lauded Senate lawmakers for choosing to leave the section that proposes ousting de minimis by 2027.
The US removal of the de minimis exemption for packages from China in May resulted in a 43% decline in e-commerce shipments ...
The de minimis exemption, which allowed shipments under $800 sent from China and Hong Kong to the U.S. to not be subject to tariffs, and officially came to an end on May 2. With this change now in ...
MANILA, Philippines — A local trade association of retailers has formally petitioned the Bureau of Customs (BOC) to scrap the de minimis rules on imported goods, ramping up its push to remove ...
How Will Businesses Adjust? The new de minimis adjustment still requires a 54% tariff, although this can be swapped out for a flat fee of $100 per package. A proposed flat fee increase to $200 was ...
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" trade loophole - which allowed duty-free access for cheap shipments from China and Hong Kong - has ended, with e-commerce players and the shipping industry bracing for potential ...
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