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Commercial use of the trade tool allowing low-cost imports to avoid duties will be repealed as part of an expansive bill President Donald Trump signed on Friday.
The de minimis exemption meant that packages valued under $800 could enter the US duty-free, and shoppers — as well as retailers — relied on the exemption regularly, ...
The de minimis trade loophole has expired, affecting international shipping costs. The loophole allowed shipments under $800 to avoid import taxes and levies. Shein and Temu have said they will ...
As of Friday, Chinese imports that would have previously fallen under the de minimis exemption are “subject to a duty rate of either 30% of their value or $25 per item (increasing to $50 per ...
What Trump’s expiring de minimis exception means for Temu, TikTok Shop, Shein, and online shopping in general. Spoiler alert: brace for impact.
The US National Council of Textile Organizations (NCTO) has expressed support to the US proposal to end de minimis for commercial shipments from all countries by 2027.
More than 80% of e-commerce shipments to the United States in 2022 were de minimis purchases and came from China, and the U.S. Customs and Border Protection has reported it had processed around four ...
What the 90-day U.S.-China tariff reduction means for businesses 09:33. The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an ...
The U.S. will cut the 'de minimis' tariff for low-value shipments from China to as low as 30%, according to a White House executive order and industry experts, further de-escalating a potentially ...
'De minimis': The rarely examined trade clause about to become a very big deal. There's a long and detailed set of discussions that have bored on for decades about the pros and cons of this scheme.
Data from US customs revealed a surge in de minimis exemption use by over 600%, climbing from around 139m shipments in fiscal year 2015 to over 1bn annually in 2023. In 2024, shipments entering under ...