News

Why Trump’s axing of ‘de minimis’ rule is no small thing for Hong Kong exporters
Hong Kong exporters will bear the brunt of United States President Donald Trump's crackdown on duty-free entry for low-value ...
Bloomberg L.P.6d
What’s the De Minimis Tariff Loophole Trump Is Closing?
That’s thanks to US President Donald Trump signing an executive order on April 2 to close a tariff loophole for “de minimis” merchandise from China and Hong Kong. The phrase — which ...
Yahoo Finance6d
Here’s How the Demise of De Minimis Could Impact E-Commerce and Resale
The president signed an executive order to end de minimis entry for goods inbound from China, effective May 2. The provision, often called a “loophole” in the industry, currently allows ...
Business Insider6d
The end of the de minimis exemption is already badly hurting some of China's biggest e-commerce sites
Trump ended de minimis tariff exemptions for packages from China and Hong Kong. Chinese e-commerce stocks like Alibaba and JD.com fell after the announcement. There were 1.36 billion de minimis ...
De minimis trade loophole that boosted Chinese online retailers to end May 2
The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics ...