What Is The De Minimis Rule, And Why Does It Matter For Temu And Shein? A provision of the Tariff Act of 1930, it was ...
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from China, his latest last-second swerve in a global game of chicken playing out ...
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 ...
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 ...
Earlier this week, Trump's executive orders for tariffs on Chinese goods also ended "de minimis," which allows retailers like Shein, Temu and Amazon to send packages to the U.S. quickly and cheaply.
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...
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 ...