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 ...
The de minimis rule, which allows goods valued at $800 or less to enter the U.S. duty-free, has sparked debate due to its potential impact on U.S. businesses and tariff revenue. While some argue ...
*Executive order to end duty-free entry for cheap Chinese goods caught package carriers off guard *U.S. Postal Service has no system in place to collect tariffs or remit them to U.S. government ...
As tariffs are hitting retailers and forcing some to raise their prices, both companies are still able to use the de minimis exemption after the Trump administration temporarily paused its plan to ...
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with a value totaling less than $800 is allowed to enter the country duty-free and with minimal ...
The de minimis provision has been on the books for nearly 100 years, but it’s arguably a bigger issue now than at any point in the past century. The number of packages avoiding taxes has ...
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with a value totaling less than $800 is allowed to enter the country duty-free and with minimal ...
Shopify president Harley Finkelstein spoke out in favor of de minimis on Tuesday, saying that countries should make it easier to sell low-cost items cross-border. An executive order issued by ...
“Rather than eliminating de minimis, countries should really try ... Shopify, which keeps its books in U.S. dollars, said the profit amounted to 99 cents US per diluted share for the quarter ...
Few of the factory owners in this ramshackle part of Guangzhou in southern China have any idea what the “de minimis exemption” is or how it affects the level of tariffs their products face ...
Agarwal is watching the de minimis exemption, a rule allowing duty-free imports at or under US$800 into the United States. Everlayer, and many small businesses like it, export goods to the U.S ...
Trump Closed a Loophole for Low-Cost Imports ‒ Until All Hell Broke Loose By Laura Gottesdiener and Stephen Eisenhammer (Reuters) -Days after U.S. President Donald Trump ended duty-free entry ...