The Philippines is urging the international community to swiftly reform the global financial system to provide tailored ...

The House minority bloc will have at least 30 members, ML party-list Representative Leila de Lima said Monday. De Lima made ...

TARGET is exploring the delivery of products directly to customers’ homes from factories, similar to the Chinese e-commerce rivals Temu and Shein, Bloomberg News reported on Tuesday, citing people ...

The so-called de minimis provision that exempts packages of $800 or less from duties was eliminated on May 2 for goods made in China and Hong Kong, after Trump in early April ordered the end of ...

The “de minimis” entry process has allowed goods under $800 to bypass tariffs and undergo a simplified entry procedure. However, the increase in such shipments has overwhelmed Customs and Border ...

The release states that “Chinese e-commerce giants, as well as criminals and cartels, abuse gaps in U.S. customs law and the law’s implementation to move their illicit or illegally produced products ...

Under U.S. tax law, the de minimis provision allows companies to avoid import taxes and customs inspections on international shipments with a retail value of $800 or less.

MANILA, Philippines - To restore fair competition, protect local industries and improve government revenue, the Philippine Retailers Association (PRA) recently petitioned the Bureau of Customs (BOC) ...

The de minimis tariff was initially seen as being left out of the wider deal, meaning a 120% tariff rate on shipments from China valued at less than $800, or a flat $100 fee per postal item ...

The latest provision “repeals the de minimis privilege worldwide” effective 1 July 2027. It added that “this section also increases penalties for violators of Section 321 of the Tariff Act of 1930”.

Starting Wednesday, the "de minimis" tariff will drop from 120% to 54%. A flat fee of $100 per parcel will remain in effect, but that won’t increase to $200 on June 1 as previously announced ...

HONG KONG - The United States will cut the low value \"de minimis\" tariff on China shipments, a White House executive order said on Monday, further de-escalating a potentially damaging trade war ...