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 ...

Along with a flurry of new tariffs announced by Trump, the White House said the president signed an executive order shutting down the de minimis trade loophole beginning May 2. Under the loophole ...

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 ...

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 ...

President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2. Wednesday's announcement, which came alongside a set of sweeping new tariffs ...

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 ...