President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or ...
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 ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption. De minimis has helped propel Chinese e-commerce upstarts Temu and ...
President Trump's Saturday executive order placing tariffs on goods from China, Canada, and Mexico sent shockwaves through global markets. Another part of the order to halt the de minimis ...
De minimis is Latin for "concerning trifles," per Merriam-Webster. The aptly named exemption applies to shipments "imported by one person on one day having an aggregate fair retail value in the ...
WASHINGTON/LONDON/LOS ANGELES (Reuters) - U.S. President Donald Trump paused his administration's repeal of duty-free treatment of low-cost packages from China on Friday, giving the Commerce ...
Fast-fashion retailer Shein and online dollar-store Temu, both of which sell products ranging from toys to smartphones, have grown rapidly in the U.S. thanks in part to the "de minimis" exemption ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay taxes ...