Cancelling the exemption has plunged the industry into chaos, sowing panic and confusion among retailers, shippers and ...
The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, ...
Trump's de minimis delay leaves DTC brands in turmoil, struggling to plan amid sudden policy changes.
Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...
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 ...
Trump's new tariffs suspend China's de minimis exemption, blocking duty-free shipments under $800 - a move aimed at curbing ...
Ending de minimis requirements altogether could mean more paperwork, longer processing times, and higher costs for everyone ...
Trump had revoked the nearly century-old de minimis loophole in an executive order this month that imposed tariffs on China. The president imposed tariffs on Canada and Mexico at the same time but ...
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 ...