Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
A Latin term that’s been little-known outside the world of customs brokers has suddenly become the stuff of headlines. Along ...
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
A rule that allowed goods under a certain value to be imported duty free from China into the US is in jeopardy, with industry ...
In fiscal 2022, 83 percent of total U.S. e-commerce imports used the loophole, known as de minimis, according to a government report. Also Tuesday, the U.S. Postal Service briefly suspended ...
Friday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.
President Donald Trump has delayed his ban on duty-free treatment of low-value shipments from China until border agencies can figure out how to collect ...
Earlier this week, Trump's executive orders for tariffs on Chinese goods also ended "de minimis," which allows retailers like Shein, Temu and Amazon to send packages to the U.S. quickly and cheaply.
Trump had revoked the nearly century-old de minimis loophole in an executive order this month that imposed tariffs on China. The president imposed tariffs on Canada and Mexico at the same time but ...
The Bureau of Internal Revenue issued Revenue Regulation (RR) 4-2025, which introduced amendments to the current list of de ...