The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers overseas are allowed to sell products at lower prices by shipping ...
What is the 'de minimis exemption' to tariffs and why its end could have a huge impact on your wallet? - The ‘de minimis’ ...
Jan 23 (Reuters) - President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on import tariffs, as he accuses China of unfair trade ...
So-called "de minimis" exemptions allow any individual shipment valued under $800 to arrive duty-free with less scrutiny from CBP. Although the rule was initially introduced in the 1930s so that ...
Each of Mr. Trump’s tariff orders—on China and now-paused on Mexico and Canada—bars use of the so-called de minimis exemption. The exemption lets every business or individual import up to $ ...
HONG KONG - The US Postal Service has temporarily suspended parcels from China and Hong Kong, after President Donald Trump ...
Along with blanket tariffs on goods from China, Canada, and Mexico, Donald Trump has proposed closing the de minimis exception claimed by ultracheap retailers with roots in China. Along with ...
"This is causing chaos at all levels, " said Andrew K. McAllister, a partner at law firm Holland & Knight in Washington, D.C. The de minimis exemption has been around since 1930, when the ...
The closure of the de minimis loophole by the U.S. affects consumers buying low-cost items from China, disproportionately impacting lower-income and minority communities. Economists predict a $10.9 ...
U.S. President Donald Trump paused his administration's repeal of duty-free treatment of low-cost packages from China on ...