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The US Senate has approved a comprehensive budget reconciliation bill that contains a provision to permanently end the ‘de ...
The trade group lauded Senate lawmakers for choosing to leave the section that proposes ousting de minimis by 2027.
The Senate passed a sweeping budget bill today, which will now go to the House for approval with the goal of transmitting a ...
According to Lummis, the remedy for this is to end this unfair tax policy and make sure the US becomes the leading power in ...
Passport reports 94% of e-commerce leaders view in-country enablement as essential for profitability and resilience in global ...
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 ...
WASHINGTON – U.S. Senators Sheldon Whitehouse (D-RI) and Lindsey Graham (R-SC) today introduced the Closing the De Minimis Loophole Act, bipartisan legislation to end the “de minimis” exemption, which ...
Trump on Wednesday signed an executive order eliminating the so-called de minimis provision for low-value parcels from China, effective May 2. Under U.S. tax law, the de minimis provision allows ...
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 ...
What the 90-day U.S.-China tariff reduction means for businesses The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an executive ...
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 ...