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President Trump’s executive order ending the de minimis rule for China is set to strengthen U.S. manufacturing, safeguard ...
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What is de minimis? Trump is coming after this obscure tariff loophole that made Chinese goods cheaperThe “de minimis” rule had existed under U.S. tax law, but small shipments and imports utilizing the loophole have increased significantly in recent years, which caught the attention of ...
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 ...
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